Overcoming the emotional barriers to day trading success
There is a rather common saying in financial circles, that the markets are primarily driven by two opposing forces namely, fear and greed. This is, perhaps, an over-simplification.
TradersLog
Trail Guide Through the Stock Jungle
With 2012 now behind us and new one underway, Dan Zanger, stock trader and host of Chartpattern.com, has had a chance to reflect and take stock of what the market holds for the coming year as he prepares for his upcoming annual stock trading seminar in April.
What Does It Take to Be a Successful Trader Today?
Every year when preparing for the annual ChartPattern.com stock trading conference, I have a chance to look back on which trades worked best over the past year and what trends are emerging for the year ahead.
Managing Money to Stay in the Market
Traders love military metaphors: they keep copies of “Art of War” on their bookshelves and talk about attacking the market. And, they need to keep some powder dry.
Catch a Falling Knife…
Almost any trader with some experience has heard the trading maxim (or rule) “Don’t try to catch a falling knife…” It usually refers to buying a market falling in price and alludes to how dangerous it can be to try to get positioned when a market appears to have a lot of potential to continue moving lower.
Are You Trading with the Right Stuff?
Ever wondered if you have what it takes to be a really great trader? Your answer may be just around the corner.
Trading Psychology: A Checklist Approach
and traders are bearish. The reasons vary and include worries about earnings or the economy but many feel that the market is headed for a fall.
Testing Simple Strategies: MACD Works and Futures are Rewarding
Traders are fascinated by indicators. But just because something is interesting, logical or mystical does not mean it works in the market. Testing is needed to be sure the indicator adds value, and we will define value as improving profits. If an indicator beats a simple trend following strategy, it adds value.