Archive for April, 2008

day trading: trading with urgency

When day trading for a living it is crucial you understand that you are trading for the month, NOT by the hour. You are not trading time for money with the job market, you are using skills to earn money from the stock market.
It is imperative that you get out of your head the result of any one [...]

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day trading: taking whats available

It would be great if every day was a “buy at the low of the day and sell at the high 6.5 hours later or sell short at the high and cover near the low” type of day. Unfortunately that is just not reality. The market as a whole has been basically in a trading range [...]

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