Do you have what it takes to be a trader?
Better yet, are you sure you want to be a trader?
Actively trading public markets, and consistently profiting, is extremely difficult.
The stock market is dominated by sophisticated players, with access to information, computational power, and speed far greater than any of us small retail guys will ever have at our disposal.
I was recently asked about some of the trading mistakes new traders fall into when starting out.
It was easy to come up with a lengthy list, mainly because I’ve personally made all of these mistakes myself, and in most cases, more than once.
I thought it would be fun to put together a bulleted list
How to Find Leading Stocks is a guide to help you find the strongest stocks for your watch-list.
Stock selection is a crucial component for both traders and investors, and most of the time it doesn’t get the attention it deserves.
Throughout this post, we’ll define what leading stocks are, why you should care, and then walk
Trading is difficult.
Anyone who tells you otherwise probably hasn’t traded long enough, or is trying to sell you something.
I certainly don’t have all the answers, but I have learned a lot over the years and, throughout this post, I’m going to share with you some high-level trading tips, tricks, and painfully learned lessons I’ve picked up along the way.
Leveraged ETFs get some very divided opinions in the investor and trading community.
On one end of the spectrum, they get tremendous love from adrenaline-chasers looking to bet it all for a quick double on their account in short time.
If you trade stocks and you don’t follow market internals, also known as market breadth, then you’re missing out on a lot of valuable information.
Like any other study or indicator, market internals aren’t guaranteed to get it right all of the time,
Scanning for swing trade setups in TC2000 is a guide to help you find the stocks that you care about for your watch-list.
It covers the basics of creating new scans, selecting and filtering your stock universe, examples of a few of my favorite scans, as well as some general tips that I’ve learned over the years.
How to Get Started Swing Trading Stocks is an introductory guide for new traders looking to get active in the stock market.
We start right at the basics, defining what exactly swing trading is, why someone would want to do it, and all of the important high-level resources and knowledge a trader should have in order to succeed.
How many times have you read that in order to make money trading, you need to play for a big profit target, let your winning trades run and cut your losers short?
It’s sound advice, applicable in many places, and a great starting point for new traders.
But it’s not the only way to make money trading.