Taking a loss on a trade is always hard, especially when the trade appeared to be a sure thing. It is easy to feel like a failure when experiencing 3 or 4 losses in a row. Treating trading as a probability game can help accept these losses.
What Makes A Successful Stock Trader?
I’ll be telling you about 15 characteristics of a very successful trader.
Trading in stock isn’t everyones cup of tea. Some people can do it and some can’t. Even among the some who can, not everybody can be successful at it. While there are no hard and fast rules on what makes or doesn’t make a successful stock trader, those Wall street Wizards that you hear about who made the most in the least amount of time, all appear to have certain characteristics in common.
1. Su…
Stock Indexes: The Inside Story
A stock index is simply an average price for a large group of stocks, formed from stocks with something in common. One huge function of indexes is that they can function as investment instruments — mutual funds based on an index duplicate the holdings of the underlying index.
The advantages of day trading
Historically, stock trading has been the domain of professional traders. Trading has been in essence a “private club” with restricted access. Day trading has changed that. For the first time, amateur traders have the tools (real time quotes and order execution) to compete with the professionals.
Trading Software – Profit Machines or Losers?
Thousands of people every day trade on the worlds stock markets, with the majority now using software to aid them, but does it help them make more money?
When To Sell Penny Stocks
Penny Stocks can be a very effective way to provide you with a secondary income. They can be used to create passive income because they do not require you to be constantly watching over them. The problem that most people have when it comes to stocks is – not knowing the right time to sell.
Penny Stocks can rise very quickly but they can also fall quickly too. The reason that most investors hold onto a stock is because the fail to separate their emotions from their actions…
Stock Investing Tip
This is the best Stock Investing Tip you will ever receive.
The Art Of Trading – How To Trade During A Consolidation or Congestion Phase
During a consolidation period, prices oscillate between a small range as supports comes in to prop up falling prices and resistances become formidable barriers to force prices to fall back to support levels. This type of trading action forms an easily identifiable pattern called a “channel” or “rectangle”. How should a trader trade during consolidation or congestion phases?In this article Peter Lim explains how one can trade the consolidation phase.
Trading Stocks Online – What Works
Imagine you are trying to do car repairs, and the only tool you have is a hammer. Sure, youll be able to get some jobs done, but they wont be done properly and youll most likely break something else in the process. Trading stocks online is much like that. There are many ways to trade, but only some of them truly work.
Which Uranium Companies Are Leveraged for Increased Nuclear Energy Demand?
Summary: Sprott Asset Management uranium expert Kevin Bambrough talked with us about the second leg of the current uranium bull market. Bambrough names his favorite uranium companies, where he believes there is still room for growth. Bambrough believes industry insiders have underestimated the growth in demand for nuclear energy. He believes his favorite uranium stocks are still cheap and could be trading much higher in the future.
Stock Investment Research Guidelines To Eliminate Stress
If youre investing with that gnawing pit in the bottom of your stomach its probable youre taking risks that could affect your quality of life. Here are some basic guidelines to help your next stock investment…
The Case for Value Stock Investing… What If?
Predicting the performance of individual issues is a totally different ball game that requires an even more powerful crystal ball and a whole array of completely illegal relationships. No one can predict individual issue price movements legally, consistently, or in a timely manner.