Swing trading is a popular approach used by many traders in the stock market, futures markets and currency trading. The advantage of this approach is you can make money both in a bull or bearish market, and in markets that are trading within a range, rather than trending strongly. Read more to learn about swing trading.
We’ve recently had extreme market volatility and the collapse of some major players. What can the individual trader do to survive and thrive in the face of uncertainty?
If you are contemplating trading, whether stock trading, forex trading or futures trading, someone has probably said to you “That’s just gambling!”. Is trading really the same as gambling? What are the similarities and differences? This article compares and contrasts the profession of trading against gambling and gives you some answers to this question.
No matter whether you use charts or analytical trading software, or trade stocks, futures, forex or options, timely price data is important to the trader. This article is about price data and where you can get it and what you need to consider before obtaining price data.
There’s always a lot of talk about selecting the right trading system, that generates the right entry signals and exit signals, but how about the timeframe? By timeframe, I mean the frequency of data that you will use to determine whether to enter and exit the market, and the length of time you intend to hold a position. This is as much a driver of investment performance as stop losses or trading systems, but is seldom considered. Read on to find out how to select the timeframe that maximises your trading profits.
Many traders start their learning process in the markets with paper trading, which means trading stocks, futures, options or forex without putting real money on the line. You can do this by looking up some quotes, and taking a virtual position, and seeing how it fares without opening a real trade, or you can use one of the trials offered by brokers.
Whilst this obviously eliminates the financial risk of losses, does paper trading benefit you, or hinder you in learning to trade? Read on for more information.
Success in the stock market needs careful selection of stocks, in contrast to forex trading and futures trading where success can come from a very small number of currency pairs or futures contracts, or even one, and is a matter of timing. For many people, stock selection is hit or miss, so they rely on newspapers, tips or market gossip. Indifferent results are almost inevitable from this approach.
What if there was a better way of choosing stocks, based on identification of the common characteristics of winning stocks back to 1953, drawing from both fundamental and technical analysis? And what if the person developed it based on his experiences is a wealthy and successful stock trader who was in books such as “Market Wizards”?
There is such an approach, and this article will provide the details of how this trader selects his stocks for profitable trading.
This article is all about setting yourself up to start trading by establishing a place where you can do your trading. There are many aspects of this that are overlooked, but the right setup and working environment can make your trading life easier rather than harder. For most small traders, you’ll be trading from home.
When I worked in banking, I used to often visit the treasury trading room to ask them to hedge my positions. The room had a raised floor, multiple screens per dealer, special lighting and dedicated data feeds and their own IT staff. The bank had spent money to provide the right tools for the job. You don’t need to go to such lengths, but you can also setup your home office environment as a trading room.
Virtually anyone can master the basics of trading, and lack of capital is not an obstacle for the average person, but are you cut out to be a trader? Not everyone has the requisite skills and outlook, but anyone can transform themselves by modeling their behaviour on successful traders. This article identifies the characteristics of successful traders.
This posting is about some techniques that we have used to identify stocks for short term trading. It is easiest to apply these when you have some software to scan a large number of stocks. The technique of choosing a stock that is moving from underperforming to outperforming works better if can smooth out random price movements.
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