OurFinanceBlogs.com - Australian Finance Blogging Community

Learning the Psychology of the Successful Trader.

Posted by strudy on Jun 4th, 2009

It is alleged that ninety out of every hundred traders lose money. It is also stated that day trading is around 75% psychology and the other 25%  is shared between your trading system and proper money/risk management.
Now I do not say that these facts are either true or false., but let us assume that they [...]

Read More

5 Steps to Profitable Investing in the Stockmarket.

Posted by strudy on May 22nd, 2009

Here is a simple 5 Step process to help get you started out on the right track..
1. Finding a stock.
This is the most obvious and most difficult step in stock trading. With well over 10,000 stocks to trade in a good guideline is to consider first in which sector you wish to trade in first.
Of [...]

Read More

Some Basics Tips When Trading in the Stock Market.

Posted by strudy on Mar 31st, 2009

Some Basics Tips When Trading in the Stock Market.
The first thing to do is to at the opening of the stockmarket is to check last nights closing share price.
1.    If you were going to sell, has the share price reached or dropped at your pre selected exit point?
2.     If the share price went down, was [...]

Read More

Could a trading plan make you a more successful Trader?

Posted by strudy on Mar 12th, 2009

Could a trading plan make you a more successful Trader?
A trading plan is something that is absolutely essential, but it is not always something that every trader has considered before committing to placing their hard-earned money in the stock market. You would have heard by now the saying; ‘If you fail to plan, you plan [...]

Read More

Two Little Four Letter Words.

Posted by strudy on Feb 22nd, 2009

The two words that every share trader has to come to grips with every time that they trade are “Risk and Fear.” Combine the two of them and you have concocted a poisonous mixture.
As soon as you start with your first trade transaction you are leaving your self wide open to [...]

Read More

« Prev