Day Trading Training ... You need more than just going to a free stock market workshop to learn

Day trading is all about making buy and sell decisions. When you make a trade either your going to lose money or your going to make money, and some other times you will break even. When you win some body else will lose and so forth, but that's NOT what's important.

The most important aspect of day trading is the knowledge FILTER you employ to make your buy/sell decisions. There are many "fantastic" strategies outhere, but you need to test them in order to discover which ones help you the most. That's part of your homework as a daytrader. Test, test and test again.

Complicated strategies that rely on a "boat load" of technical indicators can make you slow, and being slow in this game can be as dangerous as not knowing what to do in the first place.

I think the worst thing that can happen to a beginner trader is to get information overload. It's better to go step by step, and test a simple strategy that can show you how to focus on concrete ways to make money.

Fortunatly there are some good sites on the web today that can show you how to trade in a practical and effective way. One of those sites is Stress Free Traders ( StressFreeTraders.com )

In the end, day trading is all about buying and selling according to your knowledge FILTER. Once you master and follow youre proven filter parameters like a clock, you can expect to start making serious amounts of cash on a consistent basis.

Stress Free Traders helps traders and investors take advantage of momentum stock trading opportunities every day at StressFreeTraders.com

In The News:


Emerging markets may need to follow Volcker
Sydney Morning Herald, Australia - 2 hours ago
Malaysia continues to ban offshore trading of the ringgit, and Vietnam controls its currency's trading band against the dollar. Bank of England Governor ...

Banks' trading profits dropped 84 percent in 1Q
The Times and Democrat, SC - 18 hours ago
Trading activity, which is concentrated among large US commercial banks, includes bets on interest rates, foreign currency, commodities and credit ...

Daily FX

Dollar: Is The Turn For Real?
Daily FX, NY - 2 hours ago
The directionless price action has frustrated traditional trend-following currency trading speculators, and the pair’s reluctance to break beyond ...

Canada Afternoon: C$ Flat As US Market Close Quells Trading
FXstreet.com The Foreign Exchange Market, Spain - Jul 4, 2008
As fuller currency trading resumes next week, the US dollar is likely to continue to benefit from the more positive tone it's enjoyed since comments on ...
TOP MARKET NEWS RTT News
Canadian telecom BCE, suitor agree on terms Sydney Morning Herald
all 362 news articles

Washington Post

Crude Prices Drop By More Than $1
AHN - Jul 4, 2008
In currency trading, the yen changed hands at 106.72 yen per US dollar in Asia. In late New York on late Thursday, the Japanese currency was at 106.07 yen ...
Energy....the New Currency? Inside Futures
Oil Is Steady Near Records as Investors Seek Stocks Alternative Bloomberg
Oil heads past $145 for 1st time; pump cost up too The Associated Press
India Infoline.com - The Australianall 2,001 news articles

AFP

Euro-dollar rate is stable in thin trading
AFP - Jul 4, 2008
LONDON (AFP) — The dollar was stable against the euro here Friday, with the single currency hurt by a weak reading on German industrial orders. ...
Dollar steady vs. yen, euro in Tokyo deals+ TMCnet
Dollar Declines Versus Euro as Crude Oil Prices Increase Bloomberg
Euro nearly flat on dollar buying US$1.5707 as markets await ... International Herald Tribune
New York Times - Bloombergall 474 news articles

NZ dollar edges higher in quiet trading
National Business Review, New Zealand - 3 hours ago
Bank of New Zealand currency strategist Danica Hampton said risk appetites continued to feel vulnerable with rising fuel prices and falling equity markets. ...

Asian currencies mostly down against dollar
Economic Times, India - 21 hours ago
The New Zealand dollar ended local trading Friday at 75.61 US cents, down from 76.05 at the end of the previous week. The currency lost ground midweek after ...

Daily currency analysis - Jul 6
International Business Times, NY - 8 hours ago
By Darrell Jobman by Darrell Jobman, Editor-in-Chief, TradingEducation.com, LLC The US currency edged stronger in European trading on Wednesday, ...

Top Currency Trading Ideas for the Week of June 30, 2008
Daily FX, NY - Jun 30, 2008
Visit our recently updated Euro Currency Room for specific resources geared towards this currency. The EURUSD is expected to exceed 1.6018 and continue on ...
currency trading - Google News

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