Quality Not Quantity
I see a lot of struggling traders make the same mistake – over trading. Day trading isn’t about fitting the most trades you can into the shortest time possible. It’s about picking the best trades, and sitting on the sidelines the rest of the time. Day trading is actually a pretty boring activity. Most of the two hours I spend trading is spent waiting for a good trade. It’s easy to get tempted into taking setups that aren’t quite right, just to have something to do!...
Read MoreFor UK (and all non-US) Traders!
Something I get asked a lot, is if my trading methods work on markets outside the USA. The answer is yes they do. Now before continuing, I must point out that my course is very much based on the US market, and all examples and exercises are done with Nasdaq and NYSE stocks. But if a student is willing to put in a little effort to transpose the same methods, setups, and strategies to their home market, they can indeed see some great results – virtually anywhere in the world. A nice example...
Read MoreQ&A Video Part 2
Here’s the second part of the question and answer video… Have a wonderful weekend!
Read MoreYour Day Trading Questions Answered!
I thought I would take a pause from the live day trading videos to do something a little different. Each time I add a new video, I get asked quite a few questions. A lot of the same questions keep cropping up, so I thought I’d make a little film to answer the common ones. As I tend to talk too much, the film ended up breaking the 10 minute limit, so I’ve split it into two parts. Part two will follow tomorrow, and it includes probably the most controversial question I’m asked!...
Read MoreSometimes I Wonder…
Today was the sort of day that made me wonder why so many people insist on only [tag-tec]day trading[/tag-tec] futures. Don’t get me wrong, there are lots of good things about them. But why do some folk limit themselves to just the ES, NQ, Russell, or whatever is in fashion this month? This morning must have been really dull for those futures traders. None of the ‘minis’ moved much. Of course anyone trading stocks had plenty to choose from. We have plenty to choose from every...
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How To Day Trade... is now available in iTunes for iBooks (iPhone, iPad, and anything else starting with i!) http://bit.ly/mTqroY - posted on 08/08/2011 09:28:38- Penny Stocks Redux: http://www.daytradingfreedom.com/penny-stocks-redux/ - posted on 28/07/2011 09:49:56
- 3rd ed also on amazon (should now be live) http://www.amazon.com/dp/B004IWRC9S - posted on 22/06/2011 17:08:53
- 3rd edition of "how to day trade stocks for profit" now available at smashwords.com - http://bit.ly/kJRyEG - posted on 22/06/2011 17:08:00
- This looks like a bit of a bargain
https://www.amazon.com/dp/B004IWRC9S - posted on 21/04/2011 14:11:24
