Kunal Desai Whether you’re trading full time or part time, trading slumps are an inevitable part of trading. Trading is a game of probabilities, so even if you are trading a proven strategy and are executing to perfection, you still may go through periods of time where you’re making bad trades. Here are 3 ways you can …
Earnings are one of the strongest catalysts in trading. This catalyst will have the attention of investors on all time horizons. Long term investors, swing traders, day traders, and everyone else will likely be entering and exiting positions at the open after quarterly earnings are announced. You can get strong trends for day trades and …
Read moreTrading The First 30 Minutes During Earnings Season
There are many great free trading resources out there that can contribute significantly to successful trading. If you’re a new trader looking to keep expenses low here are 6 great free resources: Finviz.com: Pretty much has everything you need for researching stocks on one site. Has daily percentage gainers and losers of all listed stocks, …
Timing the trend change and profiting from it is easier said than done. If you cannot manage risk and cut a loss quickly it’s very possible to blow up if you’re being stubborn on the wrong side of these strong trends. If you can manage your risk and know how to time your …
Bitcoin recently had a huge breakout at the 5000 level. Several altcoins made big moves in sympathy to this breakout in the past week. The main altcoins that we trade in sympathy to Bitcoin are Ethereum and Litecoin. Our chatroom was able to capitalize nicely on a Litecoin breakout in sympathy to Bitcoin, and here’s …
The Power of Daily Chart Consolidation Cryptocurrencies get their explosiveness from periods of consolidation where it trades in a relatively tight price range. Litecoin was consolidating for around a month in a 10 dollar range. We got long once it broke out of the top part of the range, after it got even tighter right …
Read moreCryptocurrency Trading Tips – LITECOIN (LTC) Trade Review