“Reminiscences of a Stock Operator” by Edwin Lefevre recounts Jesse Livermore’s legendary trading career with its dramatic turns. It is a book about the life of a great trader, written from a first-person narrative of Edwin Lefevre. Jesse Livermore did not trade with charts. He read prices printed on tape. He was a tape reader […]
Archives for June 2014
A Beginner’s Guide to Day Trading Futures Using Price Action
Want to start start day trading futures? Want a reliable trading method without forking out thousands of dollars for glittery indicators? Follow this guide for step-by-step instructions to get started with day trading futures using price action. 1. Choose The Futures Contract You Want to Day Trade The first step to day trading futures using price […]
10 Ways For Traders to Take Profit
Taking profit is one of the most neglected topic among traders. The typical learning cycle goes this way. Trader thinks that the trade entry is all that matters. Trader depletes his trading capital and realised that he has overlooked stop-losses. Time to focus on stop-losses. Trader feels frustrated when he sees his paper profits vanish again and again. Only then, he realises […]