Trading stocks can be defined as the art of short to mid term stock market transactions, in order to profit from predictable market patterns and favorable statiscal odds.
You have read the magazines, you have followed the big online traders, and you have just opened your first online brokerage account.
I have tried to assemble, as best I can, a list of those things I check.
Well, it’s a simple answer: short-term trading is a lot more lucrative. The returns are higher, and the risk is lower – once you learn how to trade properly.
It is very easy to lose perspective in today’s fast markets and allow yourself to get stuck into a single set of trading tactics that may no longer be effective.
Day Trading vs. Long Term Investing
If you have been following financial programs, newspapers or magazines recently, you have no doubt found that day/position trading is becoming the new "hot" topic of late.
Day trading is not easy. Many, many, new traders are flocking to the internet pursuing the dream of quitting their day jobs to spend their days in front of a computer, chatting with friends, and trading stocks.
I would like to describe a cornerstone trading management system: "The Equity Curve technique" – which for convenience, I’ll also refer to as ‘EQT’ in this article.
Being a short-term stock trader is tough enough; being a successful, short-term stock trader, is another thing altogether.
If you are a position trader, try not to be in such a rush; especially in uncertain markets. A hasty click of the mouse can be a costly mistake.
Goal-Based Trading - The Rule of 72
How often would you like to double your trading or investment account?
You're interested in doubling your portfolio in a very short time. The good news is that there are lots of opportunities in the stock market to do so.
Let's briefly discuss goal-based trading and discipline.