Day Trading: Is It Right For You?

Day Trading: Is It Right For You?

Day Trading: Is It Right For You? Day trading involves buying and selling stocks, options or futures with the aim of earning short-term profits. It is difficult to succeed at day trading, so investors should take several precautions. The allure of day trading is undeniable: Earning your living executing trades from the comfort of your…

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How to Trade Crude Oil

How to Trade Crude Oil

How to Trade Crude Oil Crude oil is the world economy’s primary energy source, making it a very popular commodity to trade. A naturally occurring fossil fuel, it can be refined into various products like gasoline (petrol), diesel, lubricants, wax and other petrochemicals. It is highly demanded, traded in volume, and extremely liquid. Oil trading therefore…

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Best Time Of The Year To Day Trade

Best Time Of The Year To Day Trade

Best Time Of The Year To Day Trade Traders tend to trade more on particular months, and stay out of the market in certain other months. Based on previous years’ trends, a trading year can be divided in thirds. It starts with the three most terrible months of summer, followed by the four best months…

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Should I Re-Enter a Trade?

Should I Re-Enter a Trade? The price hits your stop loss resulting in a break even trade or losing trade…but then you see the price immediately start moving in your direction again. Do you Re-enter a trade? How we act in this situation is a significant determinant of our overall success. In this article, I’ll…

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crude oil inventories

CRUDE OIL INVENTORIES

CRUDE OIL INVENTORIES The forecast for this weeks crude oil inventories was -2.9M but the actual outcome was +2.4M coming out with a big difference. There was already big unusual movement during the London session that continued After the release. We got Support and resistance confirmed with an eventually break of the Support area, exactly…

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crude oil inventories

CRUDE OIL INVENTORIES

CRUDE OIL INVENTORIES The forecast for this weeks crude oil inventories was -4.2M but the actual outcome was -10.8M coming out with a big difference. After the release we could see movement to the up side and we got Support and resistance confirmed with an eventually break of the Resistance area, exactly what you would…

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Do You Have The Stomach To Day Trade?

Do You Have The Stomach To Day Trade?

Do You Have The Stomach To Day Trade? If you are an amateur, you may be playing with fire.  Your odds of success are like those of any other high stakes gambler.  The professionals really know their stuff.  Typically, they are well-established, disciplined traders who are experts in the markets.  The other characteristic is that…

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Data Feed Problems

Data Feed Problems

Data Feed Problems Every day trader will eventually have to deal with data feed problems, no matter how good your data feed provider is. Today it was my data feed provider, Rithmic Data Feed, that caused me some problems during the beginning of the session of today. I was basically missing all the historical data…

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June OPEC Meeting

OPEC MEETING – Trading Recap

OPEC MEETING – Trading Recap Watch the trading recap for the trades taken during the 176th OPEC Meeting! I continue to post the live day trading videos on my Youtube Channel where you can find more live trades from the last 4 years, all taken live in our Live Trading Room. TRY THE ONE TIME ONE-MONTH TRIAL FOR $149.50, YOUR…

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