Archive for July, 2011

For Trading Futures or Night Trading, Do Not Become A Simulator Junkie

Saturday, July 30th, 2011

Learning to trade, whether it is stocks, options, ETF’s, or even Trading Futures, no matter if you intend to day trade or are thinking about night trading, you must first become a “Master Paper Trader”. So exactly what is an Master Paper Trader and how long does it take to become one? You alone can answer that question when you discover something about yourself. (more…)

For Trading Futures, Before You Can Earn You Have To First Learn

Friday, July 22nd, 2011

Trading futures can be very confusing for those just beginning their life as a trader. Too often novice traders focus all their attention on earning. How much am I going to earn? How many trades do I need to do to get me there? They take out spreadsheets, calculating the numbers. If I double down my earnings then in 6 months I can be making 5 times what I am making now. But here’s the problem: if you focus just on earning and not on learning, you won’t need to worry about doubling down your earnings…there won’t be any. (more…)

Buying A Trading Computer For Trading Futures

Sunday, July 17th, 2011

Trading futures can be very frustrating and confusing especially for novices who are just starting out. What is even more frustrating and confusing is determining which computer you need to buy so that you can buy and sell real time. (more…)

Trading Futures Is Just Like Owning A Restaurant

Saturday, July 16th, 2011

Trading futures is just like owning a restaurant? Sounds strange right? How can that be? What is the similarity? Trading Futures is just like owning a restaurant because for both of them, it is just running a business. (more…)

Quote Stuffing BY HFT’s

Wednesday, July 13th, 2011

On July 5, 2011, the Consolidated Quote System (CQS) used by the U.S. Stock Exchanges, increased its quote capacity by 33 percent to 1 million quotes per second. This capacity was quickly filled by high frequency trading robots (HFT’s). HFT’s make the old game of “quote stuffing” seem like amateur hour. (more…)

Panning For Gold? Try Night Trading With Emini Futures

Sunday, July 10th, 2011

Ever go out and buy yourself one of those gold pans, sit by a river bed, sifting and sifting, hoping beyond hope that you will somehow find that golden nugget you’ve always wanted to find. Maybe you bought a gold “map” that gives you the absolute certain location of where gold is apt to appear in the river. Well…look no more. Why pan for gold when you can trade gold futures? While gold pans can only process a limited volume of stream bed material, you can trade unlimited numbers of gold futures contracts. (more…)

Trading Futures or Night Trading, Learn By Using The Simulator

Friday, July 8th, 2011

The first training tool for every beginning trader or seasoned professional is the trading simulator. This is the best tool for learning to buy and sell stocks or futures contracts. It is also a great tool for discovering new trading strategies, all without risking the cash in your brokerage account. (more…)

Trading Futures….Try The Tick Index

Thursday, July 7th, 2011

The Tick index is popular with day traders because it can be applied to high-frequency intra-day buying and selling in order to detect extreme overbought or extreme oversold conditions. Extreme positions often forecast trend changes for intra-day trading. (more…)

Trading Futures For Newbies…Stop Losses

Wednesday, July 6th, 2011

Investors new to trading futures always want to use stop losses. A stop loss is an order to exit a trade in order to limit the amount of loss that a trader takes on a trade, should the trade goes against them. Stop losses are smart trading, protecting initial investments. However, too often newbie investors want to use unrealistic stops that just result in unnecessary losses. (more…)

Trading Futures For Newbies…Learning To Be Realistic

Tuesday, July 5th, 2011

Trading is not an ATM Machine. It takes time to learn to trade, persistence, and dedication. Carpenters do not learn about wood in a day. Pianists do not learn Mozart sonatas in a couple of hours. Learning to trade is no difference. There will be time and effort you’ll need put in order to become proficient. The more time allocated to learning, the better the chances for long term success. (more…)