Never let a profit turn into a loss. On the face of it, this looks like very sound advice. However I find quite often adhering to this rule...
So many gurus and courses tell the novice trader "the trend is your friend" and that you should always go with the trend. I find that very often...
There seems to be no end to various "successful" traders who are happy to share their knowledge with you and teach you how to make money from...
Trading breakouts seems to be a popular method to trade and is quite often written about. However, there are very few detail examples cited on...
I once read in a book on trading that if you buy a support and you are stopped out you should not be disappointed. You were not right on this...
With so many indicators available on the market for establishing trends, it is difficult to know which one to use to achieve more consistent...
With the explsibe rally in the stock markets a number of traders, including yours truly, have been left out. I have been very reluctant to jump...
I find quite often in an effort to be disciplined and keeping losses small, I enter a trade in the same direction a few times and get stopped out....
Why is is that most of the time when looking at charts and backtesting a strategy it seems to work, however, when applying it in real time for...
I find the old adage "sit on your winners" very frustrating to operate as most of the time reasonable day rading profits turn into losses or a...
Some say that trading is similar to games of skill and chance like poker or backgammon. Both of these games involve an element of luck. In poker...
There is a lot of trading literature which professes to outline rules for successful trading. A lot of these are very general statements which...
This is quite a vexing question and I was wondering what other trader's view on it is. Suppose you initiate a trade, place your stop loss and...
I am interested to have Elite Traders' audience opinion on the following subjects: Are trend lines more reliable that indicators? Quite a...
What is this thing called âThe Marketâ ? It reminds me of the Cole Porter song "What Is This Thing Called Love"! We often hear analysts,...
Quite often, I hear invited guests on CNBC amd similar Television Channels saying that it is not possible to make money daytrading or intraday...
The most standard and general advice in trading is "let your profits run" What they never say is run them for how long. Run them until you turn...
I have been working on developing intraday trading strategies for some time. One thing I have always had to contend with is the problem of...
I have an ongoing discussion with a trader friend of mine over the issue of stop loss and profit targets in relation to day trading or intraday...
In trading literature one often comes across the phrase "you need to have an edge over the market" Can someone elaborate on this statement. Does...
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