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

Latest News


Currency Trading Market Conditions Remain Challenging: Breakout ...
Daily FX, NY - 15 hours ago
Sharp US Dollar gains have produced profits in several of our currency trading strategies on the week, and a continuation of US Dollar strength would make ...
US Dollar Forecast to Rally Against Euro, British Pound, Fall ... Daily FX
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Voice of America

Treasury’s Lead Role in China in Flux
New York Times, United States - 2 hours ago
Besides, some noted, China’s currency, by maintaining its peg to the dollar, has risen in relation to the currencies of other trading partners because the ...
Yuan's Fall Watched Ahead of US-China Summit Wall Street Journal
China hopes talks with US boost coordination The Associated Press
Paulson Seeks to Broaden Access to China Wall Street Journal
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Stocks drubbed at open
CNNMoney.com - 16 hours ago
US crude for January delivery tumbled $3.46 to $50.99 a barrel on the New York Mercantile Exchange. In currency trading, the dollar fell against the yen and ...

AFP

Yen Strengthens as Manufacturing Slump Weakens Yuan, Ruble
Bloomberg - 17 hours ago
Bank Rossii, which manages the currency against a basket of dollars and euros to mitigate the effect of currency swings, widened the ruble’s trading band to ...
Dollar Rises as Global Manufacturing and Stock Markets Plunge International Business Times
Down Is Dollar's December Direction Wall Street Journal
Yen Extends Gains as Signs of Global Recession Sap Carry Trade Bloomberg
Bloomberg - Bloomberg
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UK Pound Plunges, Gilts Rise as Data Add to Signs of Slump
Bloomberg - 13 hours ago
The British currency declined against all of its 16 major counterparts tracked by Bloomberg after property Web site Hometrack Ltd. said house values in ...

Yuan Falls to One-Month Low as China Seeks to Shore Up Economy
Bloomberg - Nov 30, 2008
“The central bank may want to test the market’s response to the possibility of a weaker yuan, but most likely it will keep the currency stable till the end ...
Yuan tumbles to end at bottom of band vs dollar Forex Pros
Yuan posts record low against dollar Commodity Online
Rate cut sees yuan decline Shanghai Daily
Bloomberg
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New York Times

Some Nations That Spurned the Euro Reconsider
New York Times, United States - 1 hour ago
After turmoil in the currency markets nearly destroyed the currencies of Iceland and Poland, the two countries are rethinking their opposition to the euro. ...

GLOBAL MARKETS-Grim economic outlook pummels stocks, oil slides
guardian.co.uk, UK - 9 hours ago
... also lifting the dollar, so it's possible the dollar will get a bit of a bid out of this, but currency trading is going to be choppy," Reid added. ...

AU Preview: Q3 GDP Should be Bo...
ForexTV.com, NY - 1 hour ago
Forex (or FX or off-exchange foreign currency futures and options) trading involves substantial risk of loss and is not suitable for every investor. ...

Ruble Plunge Prompts Doubling of Reserve Spending, Survey Shows
Bloomberg - 6 hours ago
Bank Rossii buys and sells foreign currency to keep the ruble within a trading band against a basket comprised 55 percent of dollars and rest in euros. ...
Russian Stocks, Ruble Drop as Production Falls More Than in ’98 Bloomberg
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