Many traders depend too much on charts and technical analysis. It is true in the short term technical analysis is the best tool a trader can use. It is purely based on price action. Now professional traders often anticipate the market fundamentals and factor these fundamentals even before they occur. For example, heating oil demand tends to rise in the fall and winter. Now a novice trader will think that it ...

The world has never seen so many stock traders than in our present time. All across the globe thousands of newbie traders are following courses in stock trading while you read this. Yet not many of them make a long term career out of it, because they find it hard to consistently make money. Why this is so can almost always be traced back to not following best day stock ...

If there were ever a tougher concept to assimilate than this little tidbit, I'd like to know what it would be. Common sense is a fine thing to possess, but it is of very little use when learning to trade ES Emini futures contracts. And here is the rub, the market does not always move in a logical manner. You tell yourself, "But earnings are up, the market has to go ...