Good morning HLL, Ipod, PJ and everyone!MY DAY TRADING TIPS FOR...

  1. 599 Posts.
    Good morning HLL, Ipod, PJ and everyone!

    MY DAY TRADING TIPS FOR TODAY:

    Traders are a special breed. They can be blunt and crude, because they act fast against a market that has absolutely no consideration for them. for all their rough exterior, they maintain strict discipline about how they approach their trading day and what they do during market hours.

    The discpline begins with a plan for how to start the day, including reviews of news events and trading patterns. It includes keeping track of trades made during the day, to help the trader figure out what works and why. And it depends on cutting losses as they occur, reaping all profits that appear, and refining a set of trading rules so that tomorrow will be even better.

    No, it's not as much fun as just jumping in and placing orders, but it's more likely to lead to success.

    Not everyone can be a day trader, nor should everyone try it.

    HAPPY TRADING WEDNESDAY!
 
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