All traders are on borrowed time not knowing that there is a disaster waiting to happen. Unless a right step is taken to prevent the impending disaster, the situation will be a disaster. The primary goal of trading should be to diffuse the bomb before it explodes causing damages especially in a time based trading. [...]
Tag Archives: daytrading
Trading needs patience
June 25, 2009 – 12:41 pm
SUCCESS is in great demand for all traders who take a first step in their career. Most traders feel unsure and uneasy initially. They expect success overnight failing to understand that trading needs patience. Any beginning trader does not plan on failing. Many beginning traders never consider failure as one of the possible outcome of [...]
Trading for a Living
June 24, 2009 – 6:42 pm
Prior to you even think about trading for a living you have to know how much money you need to live on, that is, how much cash do you need to produce every month in order to survive. As a fiscally minded person you already have good home accounts, or are at the very least [...]
Time Based Trading Part 1
June 24, 2009 – 2:17 pm
Many traders find themselves in a recognizable minefield with enormous intraday losses. Out of desperation, they put on double, triple, and quadruple the normal size of efforts and time just looking for a miracle. The one word that injects fear into the heart of every trader is blowout. This is purely because traders speculate on [...]
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