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Trader’s Daily Routine Checklist
It’s not mainly about checking everything and read all the information out there before the market opens. It’s about be satisfied with the retaining content that works for the trading system. But most important, creating a routine that becomes the foundation in building success in investing or trading.
Types and Characteristics of Trading Gaps
Knowing where the gap is located in the chart can quickly help identify what type of gap it is. These gaps give clues to the strength or weakness of the stock since they are usually turning points in the market direction. Paying extra attention to them can provide unique opportunities to trade with the right trend (or reversals) and profit from them. The next article will discuss the tactics in entering and exiting in trading these gaps.
Verifying The A New Swing Trading Strategy’s Profitability: Backtesting or Demo Trade
Taking shortcuts may prove a doer to be a clever person in the real world, but in the trading world, it can be a costly lesson. In fact, there are no shortcuts in trading; it’s a long, winding hard road filled with potholes, in conditions with little visibility, with many toll booths along the way. Do it right and the road will be more enjoyable and profitable.
Trading News: Is It Worth It?
Whether or not trading news is profitable, only time will tell for each trader, but one clear advice from this is NOT to hold a stock before earnings. By holding through the earnings, it’s a guessing game. If he still likes the stock, by it back a few days after the earnings. Who knows it might have been oversold and now it’s a “bargain.” Of course there will be regrets if the stock does move in the desired direction.
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