crude oil inventories

CRUDE OIL INVENTORIES

Crude Oil Inventories During this crude oil inventories report trading session, following our trading rules and being equipped with a trading system and plan, led to a winning session despite the challenges that came. The forecast was 3.6M but actual outcome was 3.2M, pretty close to the forecast. Price jumped up but as usual we always…

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Cut your losses and let your profits run

Cut your losses and let your profits run

We’ve heard it time and time again. And yet, even well-seasoned traders will let this obvious wealth tip go right through their fingers. “Cut your losses and let your profits run.” Gambling vs Trading For most people, something inside them just keeps them from following either part of this plan.  And this something usually can be…

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Breakeven trades

Breakeven Trades

Breakeven Trades Every single day trader out there wants to be profitable, the most basic measure of which comes in the form of net profits and losses. And so, it is common to see traders not pay attention to their breakeven trades. What many don’t realize though is that there’s more to them than just…

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average true range

Trading Below Average True Range

Average True Range Average true range (ATR) is a volatility indicator that shows how much an asset moves, on average, over a given time frame. The indicator has multiple uses for day traders. It aids in the placement of orders, has intraday tendencies, and can be used as a trailing stop loss.  Looking at the AVERAGE true range indicator…

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dAY tRADING wHAT ARE YOU WAITING FOR

Day Trading: What Are You Waiting For?

Day Trading: What Are You Waiting For? Whether it is related to Bitcoin or mainstream stocks, Day Trading is the new “sexy” that gets an inordinate amount of hype. First, let’s first be clear about a definition of Day Trading.  Day Trading is defined as the buying and selling of a security within a single trading day. …

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Advice on day trading

Advice on Day Trading

Advice on Day Trading Everyone trades a little differently. The internet abounds with advise on day trading. Day trading can really be a great money making business. However, like all kinds of business, day trading has its risks. And, the risk in day trading is huge, but the rewards can even be bigger. Before you…

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Fight to be a successful day trader

Fight to become a successful day trader!

Fight to become a successful day trader! For years, people didn’t take day traders seriously. They were often mocked in the investing community. They had a reputation for trying to make a quick buck without putting in the hard work. But over the past few years, things have changed. People have finally realized that there’s…

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Online Day Trading

Online Day Trading

Online Day Trading Online day trading is one of the famous and effective money-earning procedures in the world. No doubt that nowadays, traders are increasing exponentially to actually experience the uncountable benefits of online day trading. The concept that applies to online day trading is the same as to those in other trading systems in the stock…

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