Emotions: A Trader's Worst Enemy; Get Rid of Fear and Greed - You'll be Glad You Did

Copyright 2005 Jonathan van CluteYou hear it over and over and over in books, forums, and chatrooms. Fear and greed, fear and greed, fear and greed. Emotions are a trader’s worst enemy. What are we supposed to do about it? We are human after all. Human beings have emotions. We can’t just throw a switch and suddenly behave like “Data” on Star Trek the Next Generation.So what’s the answer for the. . .

Stock Trading Software, or a Stock Trading Strategy ?

The trading method you employ to trade the stock market can make a big difference in your results. Stock trading is a very competitive field and in order to succeed you need to FOCUS on a set of simple strategies that you can implement without hesitation. Regardless of the stock trading software or strategy you use, this game is all about buying and selling according to your trading set ups. So. . .

The Seven Most Traded Currencies in FOREX.

Currencies are traded in dollar amounts called “lots”. Onelot is equal to $1,000, which controls $100,000 in currency.This is what is known as the "margin". You can control $100,000worth of currency for only 1,000 dollars. This is what is called “High Leverage”. Currencies are always traded in pairs in the FOREX. Thepairs have a unique notation that expresses what currenciesare being traded. T. . .

How to get the most of your money when traveling

How to get the most of your money when travelingBy Victor SiuWhen traveling to another country, there are several key ways to get the most out of your money. Among the most effective methods is timing your travel right: taking advantage of a favorable exchange rate can considerably enhance your buying power. In the real world, though, a plethora of arrangements to be made and tickets to be boug. . .

Day Trading – The Ultimate Work-From-Home Job?

Ever dreamt of giving up the daily grind? Want to strike out on your own and work from home, but don’t know what you could possibly do to make a living? Full time Nasdaq trader Harvey Walsh wondered just that, and now he asks “Is day trading the ultimate work from home job”?We’ve probably all had the same thought at some time or another, as we trudge off towards another day at work – the same w. . .

How to Start Forex Day Trading

If you're looking for a new investment opportunity, you should consider Forex day trading. There are a lot of advantages to Forex day trading that normal stock speculation can't offer. For example, the Forex, or foreign currency exchange, is open 24 hours a day. Many day traders appreciate this as it allows them to set their own hours as they work from home.But there's an even bigger advantage . . .

Swing trading, Position Trading, Trend Trading

The stock market can present you with a lot of hot stocks every day. Some of them are extremely risky while others are not as good as they seem. When you know how to identify and approach the best momentum stock opportuntites, you are able to generate a consistent and respectable amount of money in a very short period of time. We know that day trading stocks with momentum is not the only way to. . .