Lack of Methodology
If you aim to be a consistently successful trader, then you must have a defined trading methodology, which is simply a clear and concise way of looking at markets. In the long run, guessing isn’t going to work. If you lack a defined trading methodology, then you don’t have a way to know what constitutes a buy or sell signal. Moreover, you can’t even consistently correctly identify the trend.
So, how can you overcome this fatal flaw? (more…)

Before going deep into day trading, first it is required to know what actually day trading is. Well, it’s not investing where you buy assets and expect to generate good profits in the long term, but it actually involves buying and selling securities within the same day. The day traders use borrowed money in order to make gains of small price movements in highly liquid stocks or indexes. A thing that every day trader tries to do is Buy low and sell high within a limited duration of time. (more…)

During olden days, trade used to happen in a different way. The goods that a merchant wanted to sell were usually exchanged for other goods that the merchant needed. This led to the rise of an economy that was based on the trade between the individuals who participate in the market activity. There are some alleged limitations that led to the launch of the generalized concept of trading which was well accepted by the people .It has been in existence for a long time in order to set a universal standard or point of reference one should say. (more…)