Let me first start off by saying I have never had a trading coach; however, in every walk of life it is accepted that we may need some guidance along the way. This guidance can come from our religious leaders, executives at our jobs, coaches of our sports team and the list goes on and Read the full article →
Welcome to the Tradingsim day trading blog. Please browse the various trading categories which cover everything from trading psychology to chart patterns. The aim of this blog is not to crank out articles for the search engine, but rather to write articles from experience of what works in the market. The best way for using the Tradingsim day trading blog is to check back every other day for new posts. I plan on touching on any topic related to day trading in hopes of providing readers clear speak, so they can have a handy resource to help navigate this tricky game we call a profession. Over time as you read the articles you will gain a better understanding of what it takes to day trade for a living.
Another great resource we offer is our trading simulator which allows you to practice placing trades against real historical tick data. After you have read a number of our articles, try your hand at simulating what you have learned in the market.
Why is Mobile Trading bad for Day Trading The web will tell you that mobile trading is any form of trading with a device while on the go. This really falls into two categories: (1) mobile phones and (2) tablets. I can make the argument that my laptop would qualify as a mobile device when Read the full article →
Day trading is all about getting in a rhythm. Over time you will begin to identify day trading setups that consistently work for your trading style. Whether you have a high win ratio or the average winning profit runs much greater than your losers, you just need to come out ahead. Your trading style is Read the full article →
Depending on your line of work, your company may offer flexible work arrangements that permit you to work from home on a regular basis. Well day trading at home is a little different than working from home. In this article I will ask you 10 questions to determine if day trading from home is a Read the full article →
Turtle Trading System vs. Al’s Trading System The turtle trading system fascinates me on many levels. First you have two guys (Richard Dennis and William Eckhardt) debating over whether they can mold untrained every day people into master traders. Apparently, Richard who was claiming you could was right in his belief that winning traders can Read the full article →
Day trading or swing trading that is the question. If you are an active trader, day trading and swing trading will feel like second cousins. At the end of the day both trade methodologies seek to make short-term profits based on price fluctuations in the market. In this article I will provide 7 key differentials Read the full article →
How many of you have heard of a live day trading room? Have you ever been in one before? I have subscribed to approximately 3 trading rooms over my career. In this post I will cover in great detail the 9 reasons live day trading rooms continue to fail its’ subscribers and why you should Read the full article →
There are thousands of stocks you can trade on any given day. The potential number of trade opportunities can feel overwhelming to the untrained eye. Do you pick popular stocks like Apple or Google to trade? Do you just play IPOs and shoot for a quick flip based on the hype? Maybe you scan the Read the full article →
Remember when you were a kid and you would get your favorite video game? You couldn’t wait to get the game home so you could rip open the package and start playing. The instruction manual might as well have been part of the plastic wrapper which you discarded in a matter of seconds after opening. Read the full article →
Let me first start off by saying anyone that tells you a definitive range for a day trading salary you might as well assume they are telling you a bed time story. I might as was well be talking to one of my kids about Yo Gabba Gabba. For all you corporate people that can Read the full article →