Articles in the Trading Tips Category
There are some fundamental differences between short-term trading and long-term investing. The difference in time horizon has traditionally made for different styles of thinking and behavior. While we don’t need to focus on these differences as they have conventionally been viewed, we will mention some of them in passing as ...
Generally, active traders who are watching and trading the market all day tend to break the trading session into three broad divisions, each lasting about two hours. Both the first and last segments are characterized by heavier volume, while the middle two-hour period is relatively light. If we want to ...
The following statements of affirmation should be repeated frequently during the day (either internally or out loud) as an aid in transforming perfectionistic thinking to excellence thinking. Affirmation statements put into positive words those beliefs that lend direction and support to a chosen goal. Obsessive-oriented perfectionists often do well with ...
One or more of the false beliefs presented here are commonly part of the self-talk that maintain perfectionistic thinking. Often they are unconscious and unchallenged by the perfectionist and therefore continue to exert considerable influence. In pointing out each falsely assumed belief, the point is to make them conscious and ...
We will show you some selected tools and ideas which may be helpful in striving for excellence in this article: Restrict the amount of time you engage in perfectionistically driven activities. Purposefully cut back in those areas that you know you devote large amounts of time to but where your performance ...
Related to considering exit points and having mental, if not actual, stop losses to protect profits and limit losses, the disciplined short-term trader is often more tuned in than the long-term investor to what are called the support and resistance levels of a stock. Support means the level at which a ...
Many active traders seem to pay little attention to the tax consequences of their short-term gains. They believe that they can make enough money with day and short-term trading to make taxes on gains a nonissue. Long-term traders have always been concerned about capital gains, not wanting to hold stocks ...
