First of all, thank you for your comments of encouraging me to write more posts. Your comments motivate me to continue my posts here! I apologize for being distracted by another website project I was obliged to make for my educational partners. If you are interested to take a peek at what I have created for the past week, check out at www.englishsummercampbj.com.
Now back on the right track:-). I am still using my stock grading criteria to look for the right stocks to trade each day. I find it the …

In this article the author outlines five simple tips to pick stocks for day trading.
Just having all the important qualities required to succeed as a day trader won’t help; proper selection of stocks for day trading is equally important. Generally day traders fail because they don’t select a proper stock for day trading.
Certain rules that can help you in selection of stock for day trading are discussed here. These rules can be digested quickly to help you avoid the biggest pitfalls in trading. These rules include:

Trade liquid stocks
Avoid unpredictable (chaotic) stocks
Trade …

The nature of the markets is uncertainty. Human beings do not like uncertainty. In fact we fear it at the very depths of our soul. Much of our society has evolved in an effort to reduce the uncertainty we face in day to day life, through controlling the environment, and implementing a structure of laws, rules and regulations. This has been largely successful. Although uncertainty in life cannot be totally removed, we have managed to create a structure in which people can live with relative safety and generally a higher …

First of all, let me cite a quote from Markus Heitkoetter of Trading Markets.com, “The biggest enemy to your trading success is not the market. It’s YOU. And you are your biggest enemy because of your emotions. A profitable trading strategy is not enough on its own. You must also have the right mindset if you want to be one of the only 11.5% of traders who actually succeed.
In the day trading business, allowing your emotions control you will lead to serious disaster. Therefore, you …

The week of November 1 was full of excitement, happiness and anxiety. I must admit that I did make some big improvement in day trading. Every trading day since I started writing on this blog has been a winning day for me, be it a small or large win. That being said, I must also admit that I have not reached my target, which is $1000 for the week. I made $574 for this week. I reached my daily target for 2 days and missed for the other three. I …

This is my blog for logging my day trading activities. I am determined to master day trading technique and I think the hardest part is to keep my emotion in check.  I will use this space to document my progress in day trading, and lessons I learnt from doing day trading, success and failures I encountered each day, so that later on, I can check back my progress and share it with my family and friends.