This may sound like a ridiculously simple subject to write about, but I suspect you would be shocked by how many traders, if pressed, could not come up with a plausible answer when asked to define a futures contract. For the purpose of this article I am going to confine our discussion to financial futures [...]
The reality is, day trading is for the minority – not the majority. Recent statistics pooled together from the largest street brokers (non-professional institutions) suggest that just under 97% of all beginner traders fail. And so the odds are not in your favor to begin with. Nevertheless, you may also be aware that day trading [...]
In recent years there has been a growing trend toward “black box” trading systems, which are programmed computers that trade on signals generated by market position and price and automatically execute and exit trades. In using these systems, the user sits back and the computer does all the work and the user checks his account [...]
The newspaper have for years written enumerable article about stocks busts, market crashes and the economic calamities that face stock investors. It makes good news, and adds to the negative image of investing in equities and the market in general.
But those calamities are problems that face long term investors. You know, the buy and hold [...]
One of the simplest and informative trading indicator one can utilize is some version of a moving average. I use them in my own trading, and you should consider doing the same. They are simple in structure and most charting programs have several different types of moving average formulas built into their indicator package.
In my [...]