Stock Trading Systems

Welcome Back! photo credit: Msylvest You may have heard the saying, “Fail to plan, then plan to fail.”  Trading online requires a plan, or a road map.  It should be a set of rules that governs how to allocate your trading funds and time. Creating a plan will help to eliminate emotion from your decisions.  [...]

photo credit: Bluesoft Brasil Quick, cheap, and easy.  Those are the most common advantages associated with online stock trading.  Let’s  look a little closer at these attributes. Instant gratification is possible if you trade online.  There is nothing quicker than writing an order, placing the trade, and then seeing the fill.  In the old days, [...]

If you’ve ever looked at much charting software you know it’s loaded with a gazillion trading indicators.  Indicators can be fun, but most of them don’t work very well, or don’t work consistently. Like the name suggests, indicators indicate, they don’t predict.  The best way I’ve found to use them is as a confirming tool.  [...]

Day trading strategies are useful in the current market conditions — up big one day and then down hard a couple of days later.  If you have a few hours to devote to the computer screen for a day trade here’s a scan that has worked well in finding potential winners. I look for stocks [...]

Back-testing trading strategies is something traders should do when they’re developing their own trading systems.  A strategy usually starts with an idea that is coded into a formula.  Back-testing that formula will prove the viability of the initial idea.  In essence, the goal of back-testing is gauging the effectiveness of your idea.  Here are a [...]