What happens when two separate day trading systems produce buy or sell signals around the same time? Do you exit your original position? Do you double-down on your original position? Do you take the additional trade and refrain from touching the existing trade? The above video explains the DayTradetoWin price...
Many day traders have many windows open on their computer screens. How do you create a clean layout? The tedious (wrong) way is to spend a whole bunch of time manually dragging everything into place. A faster way is to let a window management utility do that for you. In...
The goal of trading is consistent profitability that significantly outweighs loss and trading-related costs. Income surplus, lack of debt, and financial independence are dreams for most people. Understandably, trading draws many people in due to the relatively low cost and requirements. Many people have personal computers capable of running day...
Futures trading platforms are a dime a dozen. There is no need to list them all because Googling them yourself will provide sufficient results. NinjaTrader is one of the leading platforms because it provides useful features right after the installation. The main drawback is that it does not come with...
Classic books on day trading often advise conservative approaches. If your profit target and stop loss have a ratio of 1:1, then it’s quite possible regular market fluctuations will trigger a premature exit. If your stop loss is considerably less than your profit target, an early exit, even if a...
Firstly, we must say that no profit or guarantees are being alleged, here. Trading of any kind involves a certain level of risk. Not everyone is ready for trading. You should consult a professional financial advisor and possibly even a broker to determine if trading is right for you. Just...
