Archive for ‘daytrading’

Day Trading: Market Convergence and Divergence

By trader7757, 25 June, 2010, 1 Comment

Most of my day trading involves, either directly or indirectly, the principles of convergence and divergence. For day trading in the futures market, I am concerned primarily with converging indicators and agreement and oscillators. But there is a wide range applications for the principles of convergence and divergence. I thought this video from INO was very informative and will provide you with some valuable insight into the practical application of bearish and bullish convergence and divergence.

Day Trading: Do You Find Yourself Falling in Love

By trader7757, 10 June, 2010, 2 Comments

Once the novice trader has proven his or her competence in basic trading, he or she has started down the path to trading success. Day trading skills are important to assimilate in a timely manner and hone with a solid dose of demo account trading, followed by live trading on the contract they have chosen. In the day trading world though, chart reading skills and trading experience are only one part of the equation for success. The next component in a successful traders skill set is the ability to manage trades.

Is E-Mini Day Trading a Risky Proposition

By trader7757, 5 May, 2010, No Comment

There is a general perception that day trading futures contracts is a highly risky business and not for the faint of heart. Day trading can be a very risky business, especially when traders use poor money management techniques, faulty trading technique, and improper risk assessment for trades. For the uninitiated, day trading is a great way to lose a nice chunk of money.

A Great Way to Earn Money On the Internet: Day Trading

By trader7757, 1 May, 2010, 1 Comment

I still use simple indicators and am highly successful. You don’t need fancy computers or even elaborate computer programs to trade successfully on your computer. It’s actually a very simple exercise, and there are even practice accounts where you can hone you trading skills until you become proficient. Demo accounts are like real accounts except you are not trading real money, you are just trading hypothetical money.