Internet connection to trading – which kind, from which internet provider, for how much not to overpay? These are just a few questions concerning the choice of Internet provider for trading, but it is worthwhile to answer them. I often hear question, what kind of connection I have and why. I will try today to
Recently quite a lot of new traders joined my proprietary trading group RemoteDayTraderGroup.com. Very often the same mistake is repeated, or rather is an outline of action. They want too quickly and too much 🙂 The goal in each of them is the same, to earn as soon as possible. Of course, these are good
From time to time you may notice on the market that the company, which one day was for e.g. 25 cents, on the next day is 6.5$. Or one day from 120$ the company is suddenly worth 20$. In each of these cases, the news that appeared on the company may be responsible for it.
“Hello, are you still interested in the subject of investment? I’m calling today to talk about it. Of course, I won’t give you at once the most hot company for this moment. At the beginning I need to be sure whether I want to work with you”. It is basically one of the calmest conversations
In recent months, again, I focused more on cheap stocks; on so-called pump and dumps, about which I already wrote repeatedly. Pumps are companies, which not necessarily on the basis of any news – generate a very strong growth movement. As soon as it comes to the increase, it may also move downward; resulting in
Trading doesn’t forgive mistakes. But nobody forbids you to eliminate them. Losses can be painful and may lead to frustration, which constitutes a large dose of stress. It is necessary to find the balance and a way to shake off the stress. Do you have such? Control emotions – easy to say but hard to
Day trading strategies – scalping. It is strategy that I have been using since late 2007. In this strategy I try to catch mostly few cents of move or up to 15-25 cents. All depends on situation and potential of move that can be generated. In article below you will find description of this strategy
Once again, let me remind you how important it is to prepare for the session. Sometimes it happens to miss a good entry on companies, so we look how to join the movement. However, in daytrading the moment of entry is crucial, therefore a good preparation for the session will enable to capture a greater
Trader’s potential is determined by harmonizing of a few important features, which affect the shape and diversity of transaction. Personality features (this subject will be described by me very often), and the use of principles while investing is also a kind of foundation, which in combination with rational and consistent use of own investment strategy
In the last article I described two tools used by me in daytrading on US stock markets: Level II and Time and Sales. Today I will present, some of tape reading strategies based on reading from tools mentioned above, which you can use in day trading investments.