About Writer Leroy Rushing is a professional day trader, trading coach, and ebook author. Portions of this article came directly from his ebook Trading Made Simple, designed to help beginner day traders understand what it takes to become successful.
Become A Successful Day Trader Most people feel the lure of day trading: seeing the frenzy on the floor of the New York Stock Exchange, grabbing onto the tail of a skyrocketing stock, and earning your millions. They want to start day trading and find the answer to that famous quote from the movie Wall Street: "How many y... Similar Editorial : Successful Stock Trader by Mark Crisp. | Source : Free Investment Guide
Learn To Love Your Losers Ok, so no trader truly enjoys taking a losing trade. But if you want to succeed in this business of day trading, learning to love your losers (or at least accepting them) is one of the most important lessons you can learn. Psychologically, human beings are not well designed for trading financial m... Similar Editorial : Internet Authors arent losers by Mike Scantlebury. | Source : Investing Strategy
Candlestick Patterns In A Bear Market As we entered into 2008 with the worst start to a trading year in history, traders still remained conflicted as to whether or not we were entering into a bear market. Last week, the numbers of our economic situation became clear, as we experienced a second month of lowered GDP growth – meaning we ar... Similar Editorial : Candlestick Charting by . | Source : Investing Strategy
Day Trading Questions Answered There is so much information available to traders that sometimes I find it overwhelming or even confusing at times. Since the majority of the available and convenient information is in written form, it makes it difficult to ask questions of the author or the website. And if you do, more often than... Similar Editorial : Weight Loss Questions Answered by Alien. | Source : Investing Strategy
There Are No Shortcuts To Trading EveryDay There’s a wonderful quote that goes something like “Don’t learn the tricks of the trade. Learn the trade.” That rings especially true when it comes to trading. That’s simply because there are no tricks, or shortcuts, when it comes to trading. The trading environment is a very unforgiving one that do... Similar Editorial : Find Shortcuts To Happiness by Beverly Haberman. | Source : Investing Strategy
Trading Opening Range Breakouts One of the most common and popular intraday trading concepts is the Opening Range Breakout (ORB) trade. Since its conception, ORB has evolved into a number of different varieties which are often reviewed in the Trading Ev... Similar Editorial : Opening Acts by Sheena Metal. | Source : Investment and Savings
Do You Have What It Takes To Be A Trader? Whether you’re a doctor, a basketball or tennis player, a musician, or even a cowboy, knowledge and skills are going to determine your status in your “community” of peers. The level of your knowledge and skills can either catapult you to world class status or usher you out the door; create increase... Similar Editorial : Becoming a Currency Trader by Kelly Price. | Source : Investment and Savings
