by dtitrader | Dec 10, 2012 | Trading Articles
Thanks to relatively recent technological breakthroughs, day traders are able to work when and where they choose. Cyberspace is the new trading arena and the financial markets are more accessible than ever. While the folks down the street are sleeping snugly in...
by dtitrader | Dec 10, 2012 | Trading Articles
Most people who are in the markets these days consider themselves investors or long term traders. The irony is that most will get out of a position if it pays well in a short period of time. They watch their position from day to day until they think it is the right...
by dtitrader | Dec 10, 2012 | Trading Articles
1) Trading without a written business plan Trading is a business and not a hobby. Those who attempt to day trade without a good plan will likely be giving their money to those traders who do have a good plan. A written business plan is essential for success in...
by dtitrader | Dec 10, 2012 | Trading Articles, Trading Terminology
Years ago in college, I remember reading Greek mythology. These were wondrous stories of adventure, courage, exploration and searching. Yet there is one principle that stands out from these many great tales that has served to guide my life in business and most...
by dtitrader | Dec 7, 2012 | Trading Articles
By now, most people who pay attention to the financial markets realize that what happens in Asia and Europe will affect our market here in the US. How many times have we woken up in the morning to hear CNBC or Bloomberg telling us that the European markets are down...