Author name: Steve Burns

Here is a book review I did a few years ago when I was day trading, it may help some new traders that want to be day traders. In the current market the day traders may be the most successful until a new trend is established. Here are ten of the cardinal rules from Jake […]

 2014 has turned out to be the year where we find out which stock traders and investors are great at exiting with a profit and swing trading and which ones were just lucky in 2013. The darling momentum stocks of 2013 are being sold into strength every chance they get. The buy and holders that

                  “How do I get rid of the fear?” 20 Insights from Peter Lynch Cash Euro-US Dollar Analysis Top 10 Financial Scandals of All Time 10 Rejection Letters Sent to Famous People www.tradingmemes.com Chart Your Trade Cash Euro-US Dollar Analysis Cash Euro-US Dollar Analysis

“You learn to distinguish the good traders from the bad, the successful techniques from the unsuccessful, and the good habits from the faulty. You also learn to distinguish the lover from the fighter, the winners from the losers, the serious from the frivolous, the cerebral from the superficial, and the friend from the foe. But

  The long term and intermediate term trend are both starting to become range bound here. 100 day ema hold and bounce last week was bullish short term. 50 day ema broken to the upside again was bullish. 5 day ema has almost crossed over the 21 day ema which could lead to a short

                            What is the overall direction the market is moving with in your time frame and the larger time frame? What time frame will you be trading with your next trade? What is your entry signal and what is its historical performance

                While having a great trading method is a good start and managing risk is a must for long term survival the element of a strong mental edge is a must for a winning trader. The ability to manage stress, losses, losing streaks, the ego, and even big

                          This blog post came from a suggestion from  Andre Du Preez and many ideas were added by my facebook traders group. Thanks to all that added value to this post, Simon Goodchild, Brian Chang, Scott Gibbons, Harry Lamborn, Lisa Wareham, Stephen Doubell,

                        A decision on what specific markets to trade. A developed robust trading system to trade that fits the traders personality and risk tolerance. An understanding of the expected winning percentage of trades in the system and maximum expected draw down of your trading

                  Admitting that you are wrong the moment price action tells you that you are and getting out of a bad trade. Being patient and waiting for your entry signal and the patience to let a winning trade go as far aw it wants to before you

Disclaimer: The below examples are for illustrative purpose only, this is not trading advice, follow your own trading plan and trade your own system. Trade at your own risk. For those that really want to go long here on $QQQ and attempt to buy the dip in what is still an uptrend on the long

                      One of the best things a trader can have is a filter that allows them to see what matters and what does not. Knowing where to focus our effort and time at to be a profitable trader is crucial. Some things will make us