There is no trader who can sit down in front of a screen each morning without a trading plan and tip to look at charts for trading, and make money constantly. Traders who always perform well have a trading plan. Make sure that your trade plan has definite rules. Below are few trading tips that [...]
Tag Archives: strategy
Stress due to trade exits
June 25, 2009 – 6:29 pm
Frequent exits due to stress occur when traders stop out at a stop loss level, close the trade into high volume spikes, or attain predefined targets. All trades should have a stop loss in place. Some traders hold a mental stop while others place physical stops. Traders stay with the market as long as a [...]
Time Based Trading Part 2
June 25, 2009 – 4:00 pm
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. [...]
The Guppy Multiple Moving Average (GMMA)
June 24, 2009 – 8:35 pm
The Guppy Multiple Moving Average (GMMA) is an indicator that tracks the inferred activity of the two major groups in the market. These are investors and traders. Traders are always probing for a change in the trend. In a downtrend they will take a trade in anticipation of a new up trend developing. If it [...]
Trading – Trends, Gaps and Probabilities
June 24, 2009 – 3:17 pm
Trading is the one form of speculation on the earth that allows you to stack the odds in your favor before putting any of your hard earned money at risk. Knowing the trends, gaps and probabilities is the key to success in trading. Use a simple checklist based on objective information to determine exactly what [...]
Gap Trading in the morning
June 24, 2009 – 9:06 am
The Art of Trading the Morning Gap Open trade is a fantastic opportunity for the smart trader who knows how to identify supply and demand. Most of the time, our entry is within seconds to minutes of the opening bell. Prices gap up because there are more buy orders at the open morning than there [...]
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