My trading strategy is for guiding me to find the right stocks each day; to conduct proper due diligence analysis, to identify the the tradable stocks which have relatively minimal risk and greater reward; to determine the size of entry position so as to know my maximize potential risk, and to guide my entry and exit points in order to minimize my loss when my initial prediction of stock direction is wrong and to maximize my profit when my initial prediction of stock trend is right.
Take a look at my trading …

First of all, what exactly is day trading? According to Wikipedia’s definition, Day Trading refers to the practice of buying and selling financial instruments (such as stocks, futures, options, etc.) in order to generate a profit within the same trading day. Traders that participate in day trading are called active traders or day traders.
Day trading, like any other business professions, needs profound training, decent planning, and lots of practice. Thousands of beginners enter the day trading business every day in hope of making quick money. Yet only a few of …

By studying at the most frequent reasons for failure, we can avoid making the same mistakes as the crowd, and thus turn these negative points into positives. In this series of articles, I will be looking at the seven most common mistakes I see made by traders.
Mistake Number One – Switching Strategies
or “The Hunt For The Holy Grail”
The holy grail of trading – we’ve all looked for it – the super system that never loses. We’ve searched forums, read books, been to seminars, discussed in chatrooms, but the secret system …