Many stock trading tips for beginners have much in common with those tips for trading Forex, futures, as well as options. When you are just getting started you are no doubt excited and ready to jump into the market as soon as possible. This level of enthusiasm is completely understandable as the … [Read more...]
Day Trading Tips
If you decide to day trade here are some day trading tips and help you on your journey to intraday trading success. Learn what you are doing – Often times people get involved in day trading because they seek to eliminate the risk they perceive in holding positions overnight. What we must also … [Read more...]
Stock Trading Game
A stock trading game is not only a great way to learn stock trading, it is also a great deal of fun. There are certain stock market games available that actually have weekly contest where you can win real cash and real prizes. As if that wasn't enough the games are absolutely free to play. So at … [Read more...]
Simple Moving Average Method
Today we are going to cover a very basic, simple moving average method. Before we dive into exactly what a moving average is it is prudent for us to discuss "time series". Time series are used in a wide variety of fields such as statistics and econometrics and mathematical finance, even weather … [Read more...]
Calculating Return on Investment – ROI
Just as calculating trading profits is an important skill to possess so is calculating the "return on investment". It's important to know what your return on investment is as it is a performance measure which let you know how you and your trading systems are doing. This performance measure also … [Read more...]
Calculating Trading Profits and Losses
One of the more basic, but very important skills to learn in trading is that of calculating trading profits and losses. Below is a simple formula for the calculation of trading profit/loss: Method 1 – (exit price - entry price) x quantity x direction = profit/loss - in this example "direction" … [Read more...]
Common Mistakes Made by Beginning Traders
Part of becoming successful in any endeavor is avoiding any unnecessary mistakes. Think of it this way, if you're trying to get from point A to point B wouldn't you get there a lot faster and more efficiently if you didn't make any wrong turns? What follows are some of the, "wrong turns" that are … [Read more...]
Equity Curve Basics
The equity curve is an important trading basic to understand. An equity curve is simply a graph of your account balance over time. It is the sum of all of your profits and losses. Below are a few examples. The example above is for the purposes of illustration only. We started with a $10,000 … [Read more...]