Applying the 80/20 Rule in Day Trading: Boost Profits & Minimize Losses
Pareto principle - The 80/20 rule. The 80/20 rule is one of the principles I trade by. No matter what your area of specialty is, you’ve probably heard about…
What’s a Derivative, a Futures contract and an Option?
Definition of a Derivative A derivative is a financial instrument whose value is dependent upon or derived from the value of an underlying asset, index, or rate. The most common…
How To Start Day Trading With a Small Investment
The first steps to start day trading. Swing trading or scalping? Which platform? Which broker? How you learn to trade?
How to use Moving Averages for trend identification, buy & sell signals & as Support and Resistance.
Moving Averages are one of the most useful technical analysis tools, if you know how to use them. Moving averages smooth price data to help identify the current trend. However…
14 things I wish I had known before I started trading.
"We must remove the emotional element as quickly as possible in trading. If you can do it before you put on a position, you have a good start." Burt Dohmen…
Use technical analysis to identify low risk trading opportunities
There are several ways you can use technical analysis to identify low risk trading opportunities. Here are a few ideas: Look for chart patterns that indicate a reversal or consolidation,…