Category: Trading
How To Use Trailing Stop Loss
One of the things that you should know is when to exit a trade, or how to set a stop loss point, and this can be done through a variety of means. In this article, we will be discussing how to set a stop loss point with the Parabolic Stop-and-Reversal (SAR) indicator. The Parabolic SAR [...]
Quotes For The Investor and Trader
Quotes from the famous trader Jesse Livermore, who started his successful trading career when he was fourteen years old: “No trader can or should play the market all the time. There will be many times when you should be out of the market, sitting in cash waiting patiently for the perfect trade… – Jesse Livermore [...]
The 5 Stages To Becoming A Successful Trader
To be a successful trader isn’t something that happens overnight, and most traders go through these 5 stages before becoming successful. Stage 1: Incompetence Fresh and inexperienced, new traders all enter the markets at this stage. Their minds are giddy and full of overconfidence about how they can amass great wealth overnight. The new trader [...]
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