Day trading often has the frenetic quick paced action most people associate with the internet boom. Most charting packages give you the choice to create a chart that can go all the way down to a “tick” chart. This is basically creating a chart that is formed from every print in time and sales. When [...]
Archive for May, 2009
11 May
day trading to be right
Day trading for a living first requires learning how to not lose money. I know that is not the sexiest advertisement for a career as a trader but it is true. In order to understand how to use leverage properly you must have enough “screen time” to have an understanding of when to scale up [...]
7 May
Markets Exhaust
Today was a day that many traders have anticipated for the last 4 weeks or so. The sentiment on wall street had gone from doom and gloom right back to the raging bull of the late 199o’s at the flip of a switch. Truly this is what made the trading over the last few weeks [...]
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