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We aim to support beginning day traders to achieve success and profitability.

Owner: rollinsushi

Listed in: Finance

Language: English

Tags: day trading, stock, investing, trading psychology, technical analysis

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Latest Blog Posts for Day Trader's Success Guide

  • What kind of people succeed in day trading? part 5
    on Mar 31, 2010 in The Edge
    The world economy keeps changing by the second, never staying the same. So, then why is it boring to trade in it? Should'nt every moment be new and therefore never boring? It might make sense on the surface, but...
  • Image Training
    on Mar 31, 2010 in The Edge
    Most top athletes utilize image training, giving them an edge over mediocre athletes. Image training is vital in enhancing performance in sports. It can also help you improve your performance in day trading. First of all, you must have...
  • What kind of people succeed in day trading? part 3
    on Mar 28, 2010 in The Edge
    People who are curious and proactive are the ones who will be eventually successful in not only day trading but in many other aspects in life. If the first reaction one has when he or she encounters something new...
  • What kind of people succeed in day trading? part 4
    on Mar 28, 2010 in The Edge
    I wrote in the last article that day trading is "a truly wonderful and attractive profession". I feel that I need to expand a little on that statement. I do believe that day trading is a wonderful profession, but...
  • What kind of people succeed in day trading? part 1
    on Mar 26, 2010 in The Edge
    I have communicated with many readers through my blog. Among them, 50% are doing fine and the other 50% are not. I believe that the ratio of traders who are not successful should be much higher than 50%, but...
  • What kind of people succeed in day trading? part 2
    on Mar 26, 2010 in The Edge
    The reason you have to have a positive attitude is because day trading is a business in which you have to take your losses positively. In any professional sport, there are wins and losses. But is there any sport...
  • Trading: Game or Business?
    on Mar 26, 2010 in The Edge
    I often get mail from people who are struggling to produce profits. They include a long list of what they think the reasons are, but I think there is a common misunderstanding among losing traders. Its their perception of...
  • Oops: part 4
    on Mar 24, 2010 in The Edge
    Assume your entry at Oops type I turns out to be working, that means that price is moving closer to prior day's high. Oops type II setup occurs when price moves across prior day's high. This is the original Oops....
  • Oops: part 2
    on Mar 22, 2010 in The Edge
    When price gap opens above prior day's high price, many traders expect for the price to continue to rise. If you jump on it, you may occasionally end up catching a runner. But I would like to be more cautious....
  • Oops: part 3
    on Mar 22, 2010 in The Edge
    Once you have entered successfully, you'd want to place a stop loss order just above the opening price. You want to make sure that it's not too close to the opening price itself, or you'd get stopped out too easily....
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