For every action upon which you embark and for every decision you make you must realize that you, and only you, are responsible for the outcome. Successful traders don't blame others or the market or the weather or anything else for the consequences of his or her trades. When you adopt the "no excuses" mindset and take complete responsibility for each of your trades you make ...

If you are interested in day trading because it has the potential to make you lots of money and deliver a higher lifestyle that you crave, you better be prepared to work for that income. It's true that you can make tons of money through day trading, but that only comes for people who take the time to learn the rules and develop effective strategy. This is a job you ...

The market keeps changing all the time. It presents to us different as well as unique scenarios everyday. Nevertheless, it is basically a reflection of the investor's ideas and attitudes. Though, every investor comes with a different mentality, but at least some things will still be common. It may be anything like getting up at the same time everyday in the morning that two people may share or having the ...

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 ...

Technical analysis is based on major principle-trend. The one constant about the markets is that they trend. Traders and investors hope to buy a security at the beginning of an uptrend at a low price, ride the trend, and sell the security when the trend ends at a high price. This is always easier said than done. Within that major principle, you can see that there are a couple of ...