I get questions all the time from people who want to know how to use many different technical indicators. Personally, I stick to simple indicators that are very predictable. But that doesn’t mean that there isn’t value is complex technical indicators. So today, I’ll tell you all about how to use the Golden Ratio in your trading.
Personally, I’m not one to use “advanced” technical indicators in my trading. It’s simply not my style. That said, you should still know about a wide variety of trading strategies and understand those techniques, as I do, so that if you find a particular strategy you like, you’re able to add it to your trading toolbox.
The resources available to new traders didn’t exist when I started trading, so I pretty much had to teach myself to trade. Because of that, I learned a lot of things the hard way. I came up with my own rules for trading that I stuck by and turned me into the millionaire I am today. Along with the rules I follow when placing trades, I also have lists of things to avoid when trading. Yesterday, we covered 3 items on my list of things to avoid, today, we will go over the other 7. Let’s jump back in today with number four on my list…
Not only do you need to learn what to do, but you also MUST know what NOT to do. That’s what this article is about. I’m sharing 13 mistakes that traders need to avoid like the plague.
Dividend stocks can be a great way to build your account over time. It’s a classic strategy that has been used forever on Wall Street, but that doesn’t mean that is without risk. I’ll explain how to look for high dividend stocks and minimize your risk.
I don’t often talk about trading techniques that don’t directly deal with penny stocks. But to be a well rounded trader, you need to know about all different types of investment strategies. As markets change, you need to be able to adapt, and you well know, knowledge is power.
So you know about floats, but do you know how to trade them to maximize your profits? I’ll tell you how to trade a low float stock, and how to avoid letting the volatility get the best of you.
If you are committed to trading penny stocks one of the most important things to include in your analysis is the float. Low float stocks can be very volatile, which means that if you get ahead of the curve you can use that volatility to make a profit.
Day trading is a beast all on its own. But if you know what you’re doing, you can make a ton of money. I’ll share all the tips and tricks you need to get started on the path to day trading.
Day trading and penny stock trading go hand in hand. So if you want to make money like I’ve done, you need to know how to set yourself up for success when day trading.