Trading full time can put a strain on your body. Waking in the early hours of the day and keeping your focus throughout the entire session can be a challenge. Here are 6 tips to help you feel more alert and focused during the trading day.
The best traders in the world will tell you success begins with a trading journal. This is the fastest way to speed up your learning curve.
Here, I’ll provide some great options for record keeping using trading journal spreadsheets.
Over the year’s I’ve come across some cool, unique, inspiring, and downright hilarious videos involving traders. I thought I’d share a handful of them with you in this post.
Enjoy!
I’m sure you’ve heard the saying “treat trading like a business.”
Setting up a trading entity correctly will allow you to take advantage of many benefits that the typical investor does not have access to.
The NYSE Tick Index gives us the relationship of stocks up ticking versus down ticking at their last traded price. The Tick is an extremely useful tool for intraday traders.
TRIN stands for TRaders’ INdex and was developed by Richard Arms in 1989 (it’s also referred to as the Arms Index). Its main purpose is for detecting overbought and oversold levels in the markets.
The Advance/Decline Line or ‘A/D Line’ for short, is the second most important of the internals. This indicator tells us the net sum of advancing stocks minus declining stocks.
The Breadth Ratio is a volume ratio composed of volume flowing into up stocks versus volume flowing into down stocks. This reading is important in relation to where it has been, especially where we are now compared to where we opened on the day.
