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. . .

Day Trading Online - How to make money buying

The stock market can present you with a lot of 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 mak. . .

Trading Baskets Part I

Q. What is a basket?A basket is a group of up to 50 stocks that you can trade, manage and track as one entity.In another article, I wrote about a rather conservative method of being in the stock market. See: "A Triple Dipper: How to Make 3 Profits on 1 Stock" at http://www.traderaide.com/Selected_Articles/Tripple_Dipper.html.This time let’s talk a little about trading "baskets". The definition . . .

Are Fidel Castro's Days Numbered?

The Cuban leader Fidel Castro is making attempts to drag his country out of the guagmire he has landed it in since rejecting adopting market economic principles when its sponsor, the Soviet Union, fell apart in 1991. Even though his way of doing it -telling the Cuban population to save on energy and work harder- is not immediately likely to effect much change, perhaps his efforts evidence that . . .

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. . .

The Miracle of Forex

My father, who owns a small parts store and garage for vintage British sports cars, called me up recently and droned on and on about how he is getting killed by the Euro. Confused as to how the Euro could possibly be affecting his small and seemingly insignificant business, I asked him how. “Because of the Euro!” He went on to explain, after calming down of course, that the distributor that he. . .

5 Day Trading Tips for Success

If someone tells you that you can get rich quick daytrading...run for the hills! There are no overnight successes,unless you are very lucky!Day Trading isn't easy, but with experience, dedication, self-control and hard work, you *can* become a successful day trader. 1. How to Treat Gap Openings. A gap up or gap down open is an emotional move, and it often willreverse course and turn in to "tra. . .