42 is the answer to everything, but still not the best setting for trading indicators. Before we discuss what are the best settings for trading indicators, we need to recap on an important principle of trading indicators. Trading Indicators – An Important Principle Smaller settings lead to more sensitive trading indicators that produces more signals. […]
11 Day Trading Rules That Work
You can have 1001 day trading rules that you cannot remember. And no one follows rules that they don’t recall. The result is chaos, and you end up as a trigger-happy day trader. Here, we have distilled 11 day trading rules together with suggestions to help you follow them. Day Trading Rules Before You Even […]
Why Is Futures Trading The Best Option For A Day Trader?
Every day trader must decide which financial instrument to trade. There are many choices including futures, forex, stocks, and options. There are also many considerations of your own, and conflicting advice from your friends. Indeed, it is a difficult choice to make. Let’s cut the chase and tell you why futures trading is the best […]
Three-Bar Reversal Pattern For Day Trading
Alton Hill from TradingSim, a day trading simulator, wrote about an enhanced three bar reversal pattern for day trading. According to Alton Hill, three-bar reversals are too common in intraday time-frames. To select the best three-bar reversal patterns for day trading, he wants the third bar in the pattern to close above the highs of […]
Day Trading For Dummies Book Review
Overview of Day Trading For Dummies Like the rest of the Dummies series, Day Trading For Dummies by Ann C. Logue is not for dummies. This book assumes you know little about day trading and tries to speak to “smart people who is thinking about doing it”. That is a pretty good pitch. Ann C. Logue holds […]
How To Choose The Best Day Trading Broker?
With dozens of day trading brokers flashing their advertisements at you, it’s easy to get overwhelmed by the options. How do you choose the best day trading broker? How do you even start? This step-by-step guide will show you how to choose the best day trading broker based on your requirements. 1. Decide what is […]
