Saturday, January 9, 2016
Using Day Trading Strategies to Enter and Exit Hurricane Commodities
Using the right Day Trading Strategies can make trading Hurricane Commodities profitable! Most traders that use day trading strategies to buy and sell commodities are unaware that they can analyze weather patterns to determine if they should enter or exit a futures contract. With hurricane season officially beginning at the beginning of June every year and lasting until the last day in November, there is a danger zone for all growing crops along the eastern seaboard down to the southern states and across the Gulf Coast. This area will stretch from Texas to Florida and even points farther north. Additionally, Mexico and the Caribbean often find themselves in the direct path of dangerous hurricanes. Though the patterns of hurricanes tend to be unpredictable, every year at least a few tropical storms will begin to develop off of Africa’s western coast and start to build up in intensity. As the tropical storm elevates in strength, it begins to concentrate and move westward toward the Un
https://www.indicatorwarehouse.com/using-day-trading-strategies-to-enter-and-exit-hurricane-commodities/
Thursday, January 7, 2016
Choosing the Right Day Trading System
Ah, the “system”, this is everyone’s favorite topic. For me, this is actually very simple: Keep it simple! Like I have stated before, the overnight markets tend to move a little slower and more logically in my opinion so why not keep it simple? If you are looking at a trading system like the Diversified Trading System, that’s great! But if you are using your own all I can say is that I have personally found the more complicated a day trading system is the more likely I am to make mistakes. It is my opinion that simple trading systems deliver better probabilities than more complicated signal generators that have too many variables that we have to make decisions on. Once again, I would much rather demonstrate this on video; writing about it is great, but trading the pre-markets is a visual business. //www.youtube.com/watch?v=t-RsYLbLmzo P.S. I invite you to join us every Wednesday in our Free Trading Room. Click HERE to Register.
https://www.indicatorwarehouse.com/choosing-the-right-day-trading-system/
How cool is this? The world's first Day Trading Board Game!
http://www.indicatorwarehouse.com/trading-board-game/
http://www.indicatorwarehouse.com/trading-board-game/
Tuesday, January 5, 2016
The Risk Reward Lie
I got an interesting question from a member the other day. It’s a question I get a lot. This member asked “how can you make money without a positive risk/reward ratio?” If you’ve followed my trades for any time at all you’ll notice that I’m not a big fan of risk/reward ratios. Very often my risk/reward ratios are very lopsided, and by that I mean I’m risking more than I expect to make in the trade, so naturally people are confused and they wonder how can this be? After all, everyone knows you need to have at least 2:1, and ideally 3:1 reward to risk, right? That’s what all the gurus say. But is it true? Yes, on paper risk/reward ratios make perfect sense: your reward should be more than your risk, but the problem with risk/reward ratios is that no one knows the reward side of the equation! We all have our best guesses of where the market will go, but the fact of the matter is no one can consistently predict where the market will go next, so why would you base a trade/n
https://www.indicatorwarehouse.com/the-risk-reward-lie/
Monday, January 4, 2016
Forecast Movement when the Day Trading Market is Stable
NinjaTrader Day Trading Software Can Forecast Market Movement in Conditions that Appear Stable Although traders use effective day trading software programs to assist them in trading futures contracts, there is always the potential for significant risk. However, historical trends in trading commodities have shown it to be a more attractive instrument than trading stocks and offers greater rewards. Many traders use a combination of a day trading software, a dedicated trading computer and a fast Internet connection to trade the markets online. This process is significantly better than just diving right into futures trading without any forethought, knowledge or experience. Many newbie traders spend little time researching the markets they trade and generally end up losing their margin accounts in the process. Alternatively, tech savvy day traders take the time necessary to learn how to use an effective day trading software platform such at NinjaTrader to quickly move their money around
https://www.indicatorwarehouse.com/day-trading-software-programs-predict-movement-when-the-market-is-stable/
Sunday, January 3, 2016
Predict Movement when the Market is Stable
Day Trading Software Can Predict Market Movement in Conditions that Appear Stable Although investors use effective day trading software programs to assist them in trading futures contracts, there is always the potential for significant risk. However, historical trends in trading commodities have shown it to be a more attractive instrument than trading stocks and offers greater rewards. Many traders use a combination of a day trading software, a dedicated trading computer and a fast Internet connection to trade the markets online. This process is significantly better than just diving right into futures trading without any forethought, knowledge or experience. Many newbie traders spend little time researching the markets they trade and generally end up losing their margin accounts in the process. Alternatively, tech savvy day traders and investors take the time necessary to learn how to use an effective day trading software platform to quickly move their money around to generate profi
https://www.indicatorwarehouse.com/day-trading-software-programs-predict-movement-when-the-market-is-stable/
Friday, January 1, 2016
Do you need to Fix Your Trading Brain?
If you already have a working system, you know using it in the right markets makes money. So What can you do to improve your profits? The answer is consistent execution. But, when talking with many of our long-term customers, I hear they hesitate to pull the trigger when the setups are there; they take their profits too soon, and sometimes they even take bigger risks then they should. The problem is Self Sabotage! Sadly, many traders end up blaming the software instead of taking corrective action to solve the problem. However, some traders recognize these issues are NOT with the system. Instead, they recognize they have old mental habits that no longer serve them. I recently discussed this with psychology coach and life long trading friend, Richard Friesen, M.A., and the good news is these persistent mental mistakes can be managed! If you accept that a trader’s mindset is an important part of a trader’s development, then let’s take your emotional attitudes and p
https://www.indicatorwarehouse.com/do-you-need-to-fix-your-trading-brain/
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