Understanding Stock Trading Technical Analysis Tutorial w/ the Zecco Zirens
Zecco, which provides Free Online Stock Trades through Zecco Trading, has created a series of video tutorials to help improve your understanding of stock trading. This video covers technical stock analysis, including technical indicators, investing e…
trade-technicals.blogspot.com EBook is available on the blog in donation trade. Book explains options for use of hedging (Including 401k hedging), alternate strategy for trading, and some strategy
Forex Trading- What you should know about it | Online Trading Tips
There are a lot of opportunities online nowadays where one can make a living and in some cases make a serious income which will enable them…
So, what's this story got to do with online trading, you might ask? Well, nothing and everything!
The fact is, it's a very good life lesson. Many traders trade like this – absolutely certain that what they are doing is right, and MUST be right because it's them doing it. And that's totally irrespective of what the markets are plainly telling them!
We get negative feedback from the market, e.g. it moves against our position. So what happens? Instead of having a stop that gets hit and takes us out for minimal loss, we have no stop at all. Or worse still, we actually ADD to the position. That's kind of like saying to the market, "You IDIOT!"
I took off a losing Dow Jones stock index trade yesterday.
That’s not a big deal. After all, you win some, you lose some.
Maybe I should say, I FINALLY took off a losing trade. It’s one of those things. You learn something. You know it. You even teach it to others. And sometimes, you let your discipline slacken and don’t do it yourself!
