Posts Tagged ‘doubt’
Thursday, January 22nd, 2009
Successful stock investors always do market analysis before trading - they study stock charts and other valuable data that help them predict the future moves in the market. Whether you are involved in short-term trading or long-term trading, market analysis is essential. Since, the stock market is volatile by nature, a comprehensive analysis of the market helps you make best investment plans without any risk.
However, stock price fluctuations depend on several factors including the company performance, general economic shifts, etc. Therefore, it is important to track these changes and then make intelligent investment decisions. Technical analysis is needed in order to track stock price movements in the best possible way. So, do investors need to learn these technical things before investment? Or, do they need any professional help for the same? If the answer to these questions were yes, then stock trading would really be difficult for new investors. Thankfully, the answer is undoubtedly no - investors need not to know the technicality of the stock market. However, they can seek help from online financial experts anytime.
In today’s Internet world, your online presence is necessary and that’s why for online trading, you need to open an account on the company website. With tough competition in the market, there are several companies available and are offering best services to attract consumers - therefore, do some good market research and then choose the best company website. It is really inevitable to understand how the company websites help investors in trading. Online trading website plays a very crucial role in all kinds of trading. .
In addition to your online account, investors account information is also kept secured on the website. When an account holder, login to his account, he gets attached with the online broker - and trading is done online. Investors can also access educational content, analysis tools, stock quotes and latest news from the company website. In return, the company charges a very minimal amount of commission rate as well. And this is the beauty of Internet based trading - everything is in your hand, you can personally monitor your account and trade accordingly.
Many people still have preoccupied notion about the stock market - they consider market as a risky platform. But, the scenario has changed completely. Though the trading principle is same as the traditional brokerage house but the trading process has completely changed now. With more facility and accessibility, anyone can invest in stocks without any risk. Whether you are at home, office or anywhere in the world - if you have access to the Internet, you can trade online without any hassle.
If you understand the importance of investment then don’t waste your time and money. Save your hard earned money and invest in the right direction. Your present savings will definitely help you in the future. You can better be able to nurture the career of your children. You can better enjoy your life - so, invest in stocks and gain maximum profits. But, before investment, gain some knowledge about the volatile market and form a strategy - follow it and invest intelligently. Once you understand the market, you can make substantial profits from the market in a very short time period.
Pricing and Features for Sogotrade Investment Packages: online investment
Tags: account, Ali, Ally, Analysis Tool, Ast, avail, beauty, bet, bett, broker, Career, cia, ck, consumers, decisions, doubt, Education, Eek, expert, Fi, financial, financial experts, fit, fluctuation, fluctuations, hard earned money, hassle, home, inc, informat, investment, investment plan, investor, investors, knowledge, many people, market, market research, maximum profit, maximum profits, mmi, money, new investor, notion, online broker, online trading, peopl, People, Personal, Plans, presence, price movement, price movements, principle, profession, profits, Quotes, Rate, right direction, risk, s education, Searc, several factors, Short Time, sit, stock, stock market, stock quote, stock quotes, stock trading, stocks, target, trading
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Sunday, October 26th, 2008
Please read very carefully what I will share with you in the next few lines, because the quest robot the best forex software can be a very disappointing one if you start looking in the wrong places.
The first and natural question you might have about this subject is whether a software can actually help you or not achieve the goal of a successful forex trading operation.
The answer to that question is, without a doubt, a big yes. However, let me warn you that very few forex softwares are reliable enough to trust them with your investment. This I had to learn the hard way, but thankfully I am still sanding and very tall I might add.
Now, which is the best forex software?
Before we get to that, you must know that there are basically two types of forex softwares, and which one is the best will be determined not only by its reliability and performance but by you personal situation.
There are forex softwares designed to provide you with trading signals (usually entry and exit points), and there are some of them that profit work like a charm, but I personally don’t like the fact that you need to be very attentive of what is happening within the forex market in order to take advantage of the good entry points signaled by the software. So achieving consistency with one of these systems is possible, but you have to dedicate some good time during the day, which is fine if you have it to spare, I just don’t.
On the other hand, there are forex softwares designed not only to determine the best entry and exit points during a trading session, but also to place the trade orders and close them automatically for you. This means that you can profit all day and all night long without having to do absolutely anything, because in this case the software will do everything.
After having the chance to see first hand how both systems works, my verdict has to go in favor of the fully automated option, because it delivers the same great performance as the best forex trading signal kind of sofware (over 90% winning trades on average), only it goes completely on its own (that my friend is really sweet).
Indeed, if both softwares can deliver the goods, I will go for the one that demands less from me, so the best forex software has to definitely be the fully automated one.
Therefore, if you are thinking about starting a new forex trading operation, or simply want to enhance your current performance within the market by getting the help of the best forex software, I advise you to go for the automated option as this will save you costly mistakes and will increase your chances of catching the best entry points during the day or night, no matter how busy you are.
Find important details about fully tested forex softwares and systems at: http://www.specialonlinebusinessreviewauthority.com Make sure you read their evaluation before you make any decision, as they review two of the systems I currently use successfully.
Tags: advantage, Ally, best forex, best forex trading, business, cia, Consistency, Consistent Profits, current, doubt, ema, exit points, Fi, fit, forex, forex market, forex software, forex trading, forex trading signal, Fri, Gr, gre, heir, inc, investment, Irs, market, mistake, Personal, profits, rent, Review, robot, signals, sit, Software, target, trades, trading
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Friday, October 17th, 2008
Nothing ever seems to happen without causing some good. For instance, there seems to be a little uptick in analyzing our thinking, as a result of wading through this financial crisis.
Radicals are starting to say that simple cause and effect reasoning could have prevented the current financial crisis. You may remember cause and effect from school, where as a thinking skill it is second in popularity only to the skill of avoiding thinking completely. But could an understanding of cause and effect have made a difference in the financial crisis?
Undeniably, cause and effect has its uses. The neat thing about cause and effect is that it makes you look good without much effort. When you know that something causes a certain effect, you can easily impress your friends. You look up and see a bunch of dark clouds and you casually mention that you think it’s going to rain. Then sure enough, it rains. Clouds then rain: cause and effect. Just don’t tell anybody how you do it and you’ll get a reputation for being really smart.
Unfortunately, cause and effect can get tricky. After you start using cause and effect, you begin to believe that everything has a cause and that you can spot that cause. Not so fast; you’re getting a little ahead of yourself. Sometimes things just happen out of the blue, without warning or reason.
That’s the situation with the financial crisis. No matter what anybody says, the current crisis is just the result of bad luck. There was no cause. It just happened, like all those forest fires, droughts, 100-year floods, and mega-storms that people predicted would be caused by global warming. Get real; predicting something doesn’t actually mean that you know the cause.
Let’s take a closer look at the financial crisis. With something this large, which has created hardships for more than half of the US population, people will probably ask questions: Couldn’t something have been done to prevent it? Cause and effect reasoning might have put us on the right track, if only those government economists could have found cause for alarm.
But nothing was obvious enough to cause concern. You can see that if we look at the major pieces of this crisis.
Cheap, cheap money - The Federal Reserve lowered interest rates, a lot. Who could know that cheap money would create a huge market of unsophisticated buyers and a huge industry of unscrupulous lenders?
Bait-and-switch loans, aka ARMs - Adjustable Rate Mortgage loans (ARMs) expanded the market and lender profits. And there was also something for consumers: low rates upfront and impossible rates to follow.
Inflated property appraisals - Lenders often worked with appraisers to inflate values and stimulate the market, creating what we now call “the housing bubble.” Sure the bubble attracted capital, but just because it was called a bubble, who knew it might burst?
Liar loans - Mortgage brokers from 2000 to 2007 routinely manipulated loan applications to let people get loans. Converting humbug into moolah is alchemy, not fraud.
Risk-free profits - Mortgage brokers quickly dumped new loans to avoid their default risk. Fannie Mae or Freddie Mac happily took on the debt with the backing of their rich uncle. Fannie and Freddie sound like the names of your slow-witted cousins; maybe if we called them Frances and Frederick they’d get a little more respect.
More profits - Weak loans were bundled, given blue-ribbon ratings, and sold to investors. Loan laundering is more important than money laundering because money has intrinsic value, while loans rely on a nice laundered appearance.
Reckless home buyers - People bought briefly affordable homes. Government economists didn’t see any problem at the time, but then they weren’t dealing with their own money. These economists now believe that home buyers should have known better.
This may seem confusing at first, because there were so many moving parts. Clearly, the government economists were perplexed. Were cause and effect signposts warning us of a crisis? Was danger lurking in harmless business activities? The economists wondered.
Once the crisis struck, of course, the wondering didn’t stop, but it changed focus. Now, the economists wondered if the economy was sound; everyone agreed it was. The politicians wondered how to bailout businesses, including Fannie and Freddie, whose lending practices were so outrageously unsound that they were on the verge of collapse.
As the focus shifts to working through the crisis, cause and effect is something of a hot potato in official circles. Politicians are looking for airtime to show us that they’re fully engaged after the fact. This may result in some cause-effect rhetoric, accusing the financial industry of causing the crisis. No doubt it will blow over after the November election.
In the short run, politicians do have a small dilemma. They want to convince us that they were smart enough to see the causes of impending problems, while avoiding the question of why they didn’t work to prevent the bad effects. Here is an example of why people in the know say that politics is a tough business.
You can see now that cause and effect reasoning fails to explain the financial crisis. There was no cause; the crisis was just bad luck. You can’t expect this thinking skill to fit in every situation.
In general, however, cause and effect reasoning could be a great tool for holding people accountable. Instead of telling each other to get over it and “move on,” we might start telling government to “hold on,” as in “we want to check this out.” This could cause unpleasantness in which responsible parties are held responsible, but it might have a cleansing effect.
Michael Durr is a marketer and writer. He publishes a website and blog on applied thinking, http://www.TheBusinessofThinking.biz
Visit the website to read an excerpt from his latest book, My Brain, My Future.
Tags: account, Adjustable Rate Mortgage, Ahead, alchemy, Ali, Ally, amp, Ast, Aud, bet, bett, blog, blow, brain, broker, business, Business Activities, capital, Cheap, cia, ck, closer look, collapse, consumers, Coul, Cousins, current, dea, debt, Diffe, doubt, droughts, economists, Economy, federal reserve, Fi, financial, Financial Crisis, fit, Flood, floods, focus, fraud, Fre, Fri, friends, Gr, gre, Greed, heck, heir, home, huge market, inc, interest rate, Interest Rates, investor, investors, Irs, laps, lenders, lending, loan, loans, loser, lot, market, marketer, met, money, mortgage, mortgage broker, Mortgage Loan, mortgage loans, moving, no doubt, peopl, People, pita, politic, politicians, popularity, population, Proble, profits, Prope, Rate, reason, rent, reputation, respect, Rhetoric, risk, sit, Sk Questions, Smal, target
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Tuesday, October 7th, 2008
1. Communication of essential info: thinking about the work of Edward Tufte, the idea is “the information quotient” of your communication. This is normally thought of in terms of graphics and powerpoint slides, but I think it works for text too. On a slide, every pixel that does not carry information should be eliminated ruthlessly. Example: on a bar graph, the box outline of the data area does not provide info, and by eliminating it, you are more easily able to focus on the bars. Headers and heavily tarted up graphics diminish understanding. What would our plans look like if we brought the same approach? Probably billboards, roadsigns and cartoons. See once, remember always.
2. Sense making in planning:
a. “Certainty is a far better friend than doubt”. Human cognition is programmed to seek patterns in moments of uncertainty. You don’t have a choice but to use an inappropriate tool for problem solving if that’s all you have. It takes a supreme act of will to venture into other processes that are not yet imprinted especially when you are in a pressure situation. Until you hit a moment of immediate realization that disaster is now inevitable, and the “rat brain” takes over and you act from programmed intuition. That’s what it takes to override the rational engineering mind: a trainwreck.
b. So, how do you train for the uncertain? Is there an algorithm for managing uncertainty just as effective as the military decision making process (MDMP) for semi-structured problems? Well, the bad news is that the Army is struggling exactly with this cognitive problem. That’s also the good news: that what makes sense to you and your experience base is as likely a method as any other, in particular when you appreciate that you will only effectively use a method that you sense fits you and your needs anyway. When we are on a movement to contact, we go slower, take shorter steps, deploy more scouts, and strive to make new connections, then proceed more quickly when we develop a sense of what’s going on. Try that same methodology in your problem solving. Begin the “not-MDMP” by asking people to characterize how they think the process should go (so it silently and in writing, otherwise the first person to talk will seize the agenda) Then use divergent thinking process to explore the suitability of the choices. Then converge to agree as a group on the technique to apply.
3. A useful process in this regard may be IDEO’s routine process for rapidly, consistently and effectively generating innovations that have market value.
The Ten Faces of Innovation: IDEO’s Strategies for Defeating the Devil’s Advocate and Driving Creativity Throughout Your Organization by Thomas Kelley and Jonathan Littman (Hardcover - Oct 18, 2005) That book is the best description of the IDEO process. IDEO really gets it too and their market place performance proves it.
If you choose a “the challenge of creative design” metaphor to approach your “not-MDMP” challenge for handling uncertainty, IDEO could be a useful place to start.
Ken Long, Chief of Research, Tortoise Capital Management
finance: http://www.tortoisecapital.com
essays: http://kansasreflections.wordpress.com
Independent research, combining technical analysis and behavioral psychology.
30 day free trial of reports and live trader chatroom.
Training, education, mentoring and coaching for professional traders.
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Saturday, September 27th, 2008
When you study Forex trading you need to take advantage of all the forex online courses, forex systems, forex loan online trading, currency forex online trading, and any online free training course for that matter. The more experience and knowledge you gain in this highly liquefiable and profit driven market, the better chance you have to succeed. The first thing you need to do when coming to the forex market is participate in a “mock scenario” with real life examples on how to trade in this market.
These real life examples let you experience first hand what it is like trading and earning money with currency trading. If you can start making a lot of money right away with “play money” you might want to consider investing some real money into this market. I highly do not recommend doing this until you are 100% comfortable and have a complete understanding of this market. It is the best feeling in the world though once you see your “play money” account rising and rising and when you jump into real money it does the same thing.
Let me give you a quick background on forex trading in case you have not heard of it before. The forex trading market has been around for decades. The only competition in this market decades ago was multi-national corporations and large financial institutions. These industries were making an absolute killing off this market. The times have quickly changed. It is now the consumer’s turn or the single investors turn to become rich. Your account forex managed by a single individual will no doubt give you the greatest opportunity of succeeding.
Until recently, the forex market had a lot of scammers in it. These scammers pried on the uneducated people that liked to jump into this market with no background. In today’s world and society even though this industry is not quite regulated there have been numerous amounts of preventative measures taken to prevent this type of fraud. You really need to be cautious signing up with a brokerage firm if you decide to go this route, I recommend not doing this you are completely capable of making a lot of money in this industry on your own. People get this confused with forex stock trading. This has nothing to do with the stock market at all. The only relations forex trading has to the stock market is that they are both investing wheels.
A major difference between the stock market and the forex market is that one is that unlike the stock market the forex market is open 24 hours a day! In the forex market also your money is never tied up and 100% liquidated. You can sell your currency at any point in time and convert it to real money at any point in time. You do not have to pay outrageous penalties.
The biggest factor into learning how to succeed in this market is to educate yourself. You should seek as much free or paid for education as possible and look for as many systems as you can and try to find out a forex trading system that works for you.
John Callingham has been teaching traders all over the world about online forex trading. His award winning course shows how to take advantage of the best forex trading prices in the industry. Learn more about John’s course for FREE at ForexReviewInsider.com
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Wednesday, July 30th, 2008
Basic Fundamentals
When you are considering a trade in the frozen concentrated orange juice (FCOJ) market you need to look at Florida. The bulk of Florida’s oranges are squeezed into frozen concentrated orange juice. Florida accounts for almost 98% of U.S. supply, and almost 40% of global supply. When looking at the Florida crop some of the basic fundamentals that you should consider are:
1. Hurricanes The 2004 and 2005 hurricanes that hit Florida did tremendous damage to the Florida citrus groves. Much of this damage is still being felt today. Not only did the storms: knock down fruit, break limbs, and uproot trees, they spread disease. Citrus diseases are the most serious threat facing the industry today. Some analyst fear that the end of the Florida citrus industry may be right around the corner.
2. Citrus Canker In 1995, citrus canker reappeared in Florida after being wiped out in the early 1900s with an aggressive eradication campaign. The eradication campaign of the 1990’s was restricted by lawsuits from homeowners who complained about their backyard citrus trees being cut down. The 2004 and 2005 hurricanes spread the citrus canker bacteria so thoroughly across the state that the USDA cut funding for the eradication campaign and declared it a failure.
3. Citrus Greening Citrus greening is undoubtedly the biggest threat facing the Florida citrus industry today. It has devastated citrus groves around the world. It first appeared in Florida in 2005. It has quickly spread to all of the 32 counties in the state with commercial groves. When a tree is infected it produces small, hard, and bitter fruit. It dies in approximately 2 years. Citrus greening is spread by Asian citrus psyllids which are tiny insects. There is no known cure or way to stop it.
4. Freezes In the 1980’s, freezes triggered major price movements. Cold weather tore out the heart of the central Florida’s citrus industry. This price volatility was memorialized in the 1983 movie Trading Places with Eddie Murphy, Dan Aykroyd and Jamie Lee Curtis. While freezes are not considered as much as a risk today due to heartier varieties of trees, and plantings farther south it should never be underestimated. Just ask the residents of Frostproof, Florida.
These are just some of the basic fundamentals to keep in mind when you are considering a trade in the frozen concentrated orange juice (FCOJ) market. The geographic concentration of FCOJ production makes it a very volatile market. Therefore, before opening up a commodity account to trade FCOJ you should consult with a licensed commodity broker that follows the FCOJ market to discuss investment strategies.
There is a high degree of risk involved in trading the commodity markets. It is not suitable for everyone.
Alexander B. Ramey
Senior Broker
FGI Trading Group, Inc.
(877) 880-8490
http://www.fgitrading.com
Tags: account, Ali, amp, Ast, broker, cia, ck, commercial, commodity, commodity markets, concentration, doubt, ears, failure, fear, Fi, Fre, futures, global supply, Gr, gre, heart, heir, home, inc, investment, Irs, lows, market, markets, movie, Nock, options market, price movement, price movements, proof, Rate, risk, s market, Smal, target, trading, trees
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Saturday, May 31st, 2008
Observing the movement of stock prices in Japanese Candlestick format and in real-time depiction is somewhat akin to watching the printout of an electrocardiogram in motion. One is seeing at first hand the story of an unfolding investor psychology. The first practitioner of Candlestick price representation, so many centuries ago in Japan, was no doubt seeking to develop a strategy or a system of tactics which would deliver to him a trading advantage which would assist him in planning his next moves. The technique of price recordation which he developed was based on the principle of expanding the “line,” or “bar,” on a chart representing the range of prices for a given time period so as to create a fattened-out line, or cylinder, in which the opening price and the closing price for that time period would be the upper and lower limits of the cylinder. If the closing price of the day were higher than the opening price, then the cylinder would not be filled in, or would be left “white;” whereas if the closing price of the day were lower than the opening price, then the cylinder would be filled in, or made “black.”
This style of price display presented a visual picture which was instantly recognized by the eye. It was easy to discern the mood of the rice traders which was in effect during that session; and, depending on the relationship of that particular Candle bar’s relationship to adjacent and nearby bars, the operator had a basis for making a prediction of the direction of prices for the next day.
Furthermore, when interpreted properly in the light of human judgment, the shape of a bar, especially when considered in conjunction with adjacent or nearby bars, was found to possess an ability to forecast a reversal of major trend.
After long and expensive historical research and translation of old records into English, the Candlestick approach to price charting was brought to the Occidental world about 25 years ago. In the early years, the Candles developed a following only very slowly. More recently, however, professional traders and investors, as well as those who do not trade or invest for a living, have begun to appreciate the advantages of the Candlesticks, to the point at which it seems reasonable to predict that they will be the standard within the foreseeable future.
What is so unusual about the Candles? In short, they form patterns which have meaning in terms of revealing traders’ theretofore-hidden investment rationale, and also in terms of allowing forecasts to be made regarding the future course of price action. Some of these visual formations or images are useful in foretelling the end of a trend and a possible topping out and rollover to the downside (if the major trend has been one of increasing prices) or of bottoming out and rolling to the upside (if the major trend has been one of declining prices).
At the top of an extended rising market, one of the more dependable reversal patterns is the “Evening Star,” a three-bar pattern in which the first bar is a tall white bar; the middle bar is a small “Star” which usually sits higher than the first bar; and the third bar is a tall black candle which usually sits lower than the Star. This formation is bearish in its implications; and the implication is strengthened if the Star is a “Shooting Star,” which looks like its namesake. At the end of an extended declining market, the inverse pattern can also appear; and, perhaps not unexpectedly, its name is the “Morning Star.”
The opposite of the Shooting Star is the “Hammer,” which appears only at the end of an extend downtrend. The Hammer is considered to be one of the more reliable predictors of a possible change of trend to the upside, especially when the next day’s closing price is higher than the closing price of the Hammer.
A “Doji” is a price bar in which the opening price and the closing price are the same. It is considered to be an indicator of a reining-up - of indecision - and of a possible change of trend, when it appears at the end of an extended move in either direction. A Star whose opening price and closing price are the same is called a “Doji Star.” A “Bearish Engulfing” pattern occurs at the top of an uptrend, and is marked by the “real body” (i.e., the cylinder in the price bar) engulfing the real bodies of one or more previous bars. The “Bearish Engulfing” formation is, quite naturally, bearish. Its converse is the Bullish Engulfing pattern, which occurs at the bottom of a downtrend; and, obviously, carries a bullish signal.
In Candlestick parlance, gaps (”windows”) are celebrated as being generators of support and resistance. Often, a comparison of price action before and following a gap clearly reveals the power of a gap to repel prices which venture within it.
The Candles are useful in any time frame, including day trading. Although they are valuable in foretelling reversals, they do not predict the extent of a move. They are perfectly compatible with all “Western” Indicators, and the synergy which often results from the Candles and the Western Indicators used together can be remarkable. Furthermore, the Candles are equally adaptable to use in every financial market, including stocks, indexes, commodities, and Forex.
Technical analysis of Japanese Candlestick price imaging is founded on the hypothesis that price action in the financial markets is not random or mechanical; rather, that it is patterned (if the practitioner is following Elliott Wave theory), and that it is the result of human emotion in action.
There are many practitioners of Candlestick analytics who make their services available to the investing public. Some of them publish investment advisory newsletters (alternatively called “investment newsletters” or “market letters” or permutations thereof); some offer instructional and training seminars, forums, and chat rooms; some publish books; and some of them offer multiple services and products. Their observation of the Candlestick world sometimes leads to a critique of the common wisdom as propounded by the media, and to explicit review of, and commentary on, the state of the markets. Expostulation of the Candlestick analytical technique is not commonly a part of financial news programs, either in the popular printed media or on television; nor are the particulars of Candle theory often the subject of study, research, investigation, or illustration for the benefit of the investing public.
This is unfortunate, because the information which flows from these concepts could often open up new possibilities for investors and be of value to them in their decision making process.
http://www.candlewave.com
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Monday, August 20th, 2007
Day trading the Emini S&P Futures really is a great way to make a living! I hear and read a lot of articles, newspaper ads, and even one or two ezine’s that claim day trading is a sure fire way to lose all your money. I totally disagree. On the contrary, it is an incredible way to work a few hours a day and make a very nice 6 figure income.
No doubt, a lot of new day traders find themselves in peril and ultimately lose their money day trading. This bothers me when I read about it. It gives the successful day traders, such as myself - a bad name. I know quite a few day traders who have been succeeding at this for many years. What I learned is that success leaves clues! Meaning, the successful day traders seem to all be doing the same thing while the unsuccessful day traders are also doing the same thing - which, to no surprise is opposite of what the successful traders do!
We need to look at the root of the real problem, which is: Why are most day traders losing all their money? I think thats a real simple question to answer. Usually it is a lack of discipline and a solid set of day trading rules. Sometimes it is under capitalization and fear. Fear in itself is probably the biggest of the day trader “killers”.
You may purchase books, seminars, and perhaps create your own strategies to day trade. All this is great, but if you can not follow the rules to the letter - you simply will not be a successful day trader. Discipline to follow the rules is a tough thing to acquire! I admit when I first started I had a hard time because I was always changing up my rules. That cost me tens of thousands of dollars. Read more about my successes and failures:
http://www.eminitradingstrategies.com/emini-trader.html
Finally, I learned that the key to successful day trading was trading for income. I do not trade for a target price. I know how much money I need to make every day and I go out and make it, once I achieve my daily profit objective, I simply quit for the day.
My trading methods are very simple and easy to learn. They require discipline! You must under every circumstance follow the rules. My methods generate at least 1 point daily trading the S&P 500 eminis. I back that by a double money back guarantee!
I post my real trading results on my blog every day
http://www.eminitradingstrategies.com/emini-trading-blog/ I do not post “hypothetical” trades. I post real trades with real fills! Some of my trades are winners and some are losers. Either way I put them up there for the world to see. I urge you to look at them. Every now and then I take a day off, on those days I DO post hypothetical results and I make it clear I did not trade that day! However, even with my hypothetical trades, they are very realistic trades that would have been filled on limit orders!
Please when people tell you day trading doesn’t work, don’t believe it. You can earn a very nice living day trading. It’s my opinion that the people who bad mouth it are simply the “wannabes” that didn’t make it. Instead of complaining about it, find out why it did not work for you! Did you really follow every rule? Did you maintain discipline all the time? Whatever you do, please do not berate the people that really do it! And do it successfully everyday.
Just recently I’ve decided to teach my trading methods. Some of the reasons I am doing this is that I am tired of hearing so many negatives about my industry. I also have a strong desire to teach. I’ve shared my methods with a handful of people and I enjoy teaching, and love seeing the excitement and enthusiasm in them. If you have the discipline to follow a solid set of rules, you can be a very successful day trader.
Please stop by my website at http://www.eminitradingstrategies.com to learn more!
Thanks for reading my post. I can be reached at info@eminitradingstrategies.com
David Marsh
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