From the onset I want to emphasize that there is no Holy Grail to becoming a proficient day trader. There is no magic dust, no special pills, there is hard work, constant learning, and the drive it takes to be both efficient and skilled in any profession. A novice trader does not need to invest his or her money in 4 or 5 courses at a cost of $10,000 or ...

With the high visibility that day trading is enjoying in today's highly charged business climate, it is no wonder that so many people are so keen to get in on the act. To be fair, trading has always had a core of rabid adherents, but these days seem to be a particularly good time to get some of the action as evidenced by the large numbers ...

There has been a lot of noise in recent times, or is it just hundreds of "loud" advertisers shouting about how good their "Forex trading robots" are, and how easily they can make you pot loads of money on auto-pilot while you sleep or laze by the seaside. First and foremost, what is a trading robot or expert advisor (EA) as it is also called? ...

It seems every trader I talk to has a favorite trade set-up that he/she claims has never lost money. Common sense dictates that such a statement is pure nonsense. I always think to myself "surely the trade has lost money at least once." Or is it nonsense? The toughest concept for most novice, and many experience traders is one of simplicity; Every trade taken has a probability ...

Day trading is risky and intimidating, most of newbie traders use these and other misconceptions to avoid trading. There is no greater satisfaction than making money in stock trading. Day trading is a unique undertaking that challenges even the smartest of people. The risk is very high and can be uncontrollable, that is why some investors keep away from it. Once you understand the market ...