Day Trading Blog
Check out our latest trading lessons, watch lists, trade recaps, and more.
Stay the Course: 5 Tips for Successful Trading
1. Develop a system that works for you, and STICK TO IT! To trade successfully, you must have a system. I know most of us have heard this many times before, but this step is so vitally important, it is well worth repeating. Develop your system and stick to it like...
Ready, Set, Trade! Day Trading With Clarity And Patience
Series: Mental Roadblocks of Day Trading Unlike most jobs, your full mental capacity is the difference between a good trading day and a bad one. Remember in your early 20’s when you could stumble into work exhausted and muddle through the day? I sure do. These days...
A Study in Goal Setting for Day Traders, Part 1: The Cheeseburger vs. The Marathon
Series: Mental Roadblocks of Day Trading How many people do you know, at any given time, that are on a diet? It seems like the perpetual battle for many Americans, despite the billions of dollars of industry aimed at treating the overweight. There are many reasons...
New Series: The Mental Roadblocks of Trading
Day trading is one of the few careers that will literally pit many of your mental and emotional weaknesses against you. If you lack patience in your life, you will tend to be a trigger-happy day trader. If you do not have the discipline to cut out bad habits in your...