It’s impossible to have only winning trades, so the goal is to manage the dollar amounts of your trades (both wins and losses) even more than the number of trades taken. Traders come to realize very early on that the quality, n...

Manage your strategies in your trading plan to handle both breakouts and breakdowns. Before you do, make sure you know what the differences are between the two.

Did you know that a day trader’s place of business is not the office or desk, but the trading platform? Anyone can navigate the office or desk, but can you navigate your trading platform just as well? Find out why navigating, an...

Knowledge is the key to trading. The only thing that separates those at the top and those at the bottom is a complete understanding of the financial markets and their day to day rhythms. Anyone can be profitable if they follow a...

I’ve always heard that if you act organized, you’ll be organized; act happy, you’ll be happy, etc. These same ideas apply to trading. Think like a professional trader, and you’ll be a professional trader. Try it and see.

Candlesticks, especially those indicating reversal, are the most important indicators a trader should know before entering the market. The engulfing patterns represent a complete change in price and should be used with proper r...

To say the stock market has been volatile lately is an understatement. But no matter what the market is doing, there are proven strategies that make money when the markets are uneasy because of the breakout potential that exist...

Understanding RSI and how it works can be very beneficial since it is one of the most popular oscillators and even one of the most profitable indicators, if used correctly. Any trader can find a way to fit the RSI into their ow...

Day trading is nothing to fool around with unless, of course, you have money to burn. If you’re serious about trading, make sure you don’t fall in the trading “hobbyist” category because you’re chances of trading success will b...

These 5 insights into reading and using trendlines to your advantage are sure to help you further fine tune your trading efforts. Get comfortable with trendlines because doing so may actually lead you to more consistent profits....

If you’re an unorganized trader, don’t worry. You’re not alone. The good news is that there are many tools and techniques that can turn you into a money-making trading machine.

Sometimes the best trade is no trade. Some traders trade just to trade, which often means emotions get the best of them. There are huge benefits for “sitting on your hands” if you have the right techniques, tools, and strategies...

There’s a huge difference between a day trader and a daily trader. It has to do with get-rich-quick schemes vs. learning how to trade. Which one are you?

If you don’t have discipline with your trading, you may never become the trader you’re meant to be. The insights in this article are sure to get you on the path of disciplined trading and ultimately more profits.

Moving averages are used by amateur and professional traders alike for very rewarding results. Finding moving averages that work for you might be a difficult task, but after finding the “perfect pair,” moving averages provide ...

Perfect your chart reading skills because a chart is the trader’s guide to ultimate profitability. For each trading style, from scalping and day trading to swing trading and long-term investing, a chart is worth a thousand word...

Day trading can truly be a money making machine. Many experienced day traders can make more in a few seconds than what most people make in a week. This also comes with some risk, but for the trader armed with technical analysi...

Professional traders use many indicators to pick a position. The duo of forward and lagging indicators makes trading very profitable. See the different mixes for different timeframes and scenarios for successful trading.

A trading system is the best way to maintain your composure during chaotic markets. The better your trading system, the less your emotions will be a factor in your decisions. These 5 steps are easy enough to follow. The quest...

Whether day trading, scalping, or investing, there are fundamental skills that each trader should master. Skill-building activities will help you sharpen your ability to make money and cash in on critical market movements.