Articles tagged: day trading coach.
<< previous page 1 next page>> written by Markus Heitkoetter Day trading attracts plenty of hype. Slick vendors want you to believe that you can trade whenever and wherever you want. You could even be on vacation and make money at the same time. They push the image of someone with a laptop on the beach, ticking off profits in between swimming, building castles with the kids, and taking romantic walks with a tanned, beautiful someone by your side. written by Markus Heitkoetter Who knew that “free” really meant “expensive”? That may seem like a contradiction, but day traders can easily find themselves in a situation where it turns out to be true. written by Markus Heitkoetter We have all heard plenty of talk, both positive and negative, about the $700 billion bailout plan, and there are now rumors of similar plans in the works. The discussion dominated the recent election, and it continues to be a primary concern both on “Wall Street” and “Main Street.” written by Markus Heitkoetter Knowing when to accept your profits is key to successful day trading. However, many people often think that you can earn more by letting your profits run. This strategy almost always fails, and it is why I find that setting profit targets is one of the few ways to guarantee that you turn a market gain into a monetary gain. written by Markus Heitkoetter Too often, I hear from traders who insist that they "specialize" in a single market. Although they may feel a sense of comfort and even mastery by trading exclusively in one market, this kind of approach is a serious mistake. written by Markus Heitkoetter We have seen a number of dark days for stock markets all around the world in the past months. But how frightened should we be? Is the next Great Depression upon us? How can we distinguish a small crisis from a huge one? One way to deal with these questions and to calm our feelings of panic is to look closely at a single bad day. written by Markus Heitkoetter I am frequently asked how to use pivot points in day trading. They can certainly be useful tools, but, by themselves, they are not a real trading system or strategy. If you know how to calculate pivot points, however, they can be a helpful source of information. << previous page 1 next page>> |