Every hour of every day that the markets are open there
are many trading opportunities that can be taken advantage
of. If we invest in just a few of these that stand out above
the rest, our gains can quickly add up.
Although without a doubt there is no such thing as a sure
thing in the securities markets, there are certain swing
trading and investing strategies that consistently work
over and over again.
There are also certain trading pitfalls that most traders
never learn to control or eliminate (avoid these trading
errors, while learning the essential steps to trading correctly
by signing up for our Trading
Course. The lessons included in this course apply
to day trading, swing trading, and investing).
Never get yourself involved psychologically in
any one position, this can severely limit your online
trading gains, needless to say it can also cause unnecessary
Don't fight what works.
For example, if we can profit the most by day trading a
specific stock, we will do it; although day trading is not
the primary focus of our trading. Some weeks we will make
very few and possibly no trades at all, while in others
we will make quite a few.
Know why you're buying each security.
Is there a reason for the stock to go higher? Is today
really the best time to buy? How are the overall market
conditions? Is this security being offered at a discount
from what it should be worth?
How much do you expect to make on this trade? Is this security
better suited for swing trading or day trading? These and
many other questions must be asked, AND answered
before placing your online trading order.
We trade only when the market trading conditions are favorable
and our research shows us that the security has ample room
to grow (or decrease in the case of Short sales or Put options).
We know our targets, and also how much risk we're willing
to take on each trading opportunity.
What is YOUR online trading strategy?