A richer life takes more than just money
Welcome to the Indicator Warehouse blog. You can look forward to reading articles on trading education, personal development, trading psychology, relevant world business news, and even useful gadgets to make your trading life easier.
Exciting news today! At Indicator Warehouse we never stop asking, “What can we do to make it easier to win at day trading?” This approach has taken the form of improving our trading indicators, designing new systems, and running education… Read More »
When people use the term “day trading”, they mean the act of buying and selling stocks, commodities, or foreign currencies within the same day. Day traders seek to make profits by leveraging large amounts of capital to take advantage of small… Read More »
How do you deal with boredom when trading – A virtual time-bomb promising to clear out your account. Well, I do have a solution. It’s a method to cut the apathy, get All of the chart time you want, AND seriously adds to your chances of finding good trades. I have been utilizing the analogy of hunting to explain it to folk. I am not a hunter BTW nonetheless it provides a forceful illustration of what I am talking about. If you go out hunting by yourself, there’s just you and your gun. If you choose to go with your pal, now there are 2 of you and you have doubled your percentages of catching dinner. And if there are 3 hunters …
Then you increase the chances that much more.
Day Trading Futures: Using Stop Loss Orders Stop loss orders (also referred to as a stop-loss, or stops) is a tool that is used to exit a trade once its movement begins to lose money. Anytime the market starts to… Read More »
“Of the six tools needed for successful day trading, Diversification is the most important.” Diversification in Traditional Investing Diversification in the world of investing is synonymous with “safe,” “secure” and “smart”; yet in spite of the advantages diversification brings to… Read More »
Sentimentality has no Place In Day Trading Most people know that psychology plays a significant role in the life of day trader. However, anger driven revenge is one emotion that has no place in your day trading strategy. In a typical week of trading,… Read More »