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I think our market is finally trending down There are three reasons to believe this: The index finished a the fifth wave up. The last move up was very weak: Since the break out atwe are looking for the 5th wave last oneand trying to work out the length of it.
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This is going to be an interesting week. Looking at the weekly chart, it looks bullish see chart. On Friday has been a scary red long candle down that takes out of the picture the recovery in short term of the blue trend line.
Now, the index reached the last high even overtook it few points. Still finished the week lower at with a red weekly candle down bar. Day tradingI mean becoming a good day trader is one of the options available for anyone. I'm pretty sure that you answered 'YES' to at least one of the questions above.
If this is the case then keep reading As long as you have a PC or a tablet or a mobile phone and internet connection you can choose when to trade - morning, afternoon, evening or night time. Becoming a skilled and successful trader is achieved as the result of a developmental process and not as the uncovering of any magic setup or indicator. What are you strengths, what are your weaknesses?
Be honest and humble and make an inventory of your skills and gaps. Do I have what it takes to become a trader. However, this is a bit hard to stick with this definition when trading currencies, futures or any other financial want to buy mtn shares that are open almost 24 hours around the clock.
Yes, actually it is recommended to start with a small amount and build your skills and confidence first, before investing more money. Depending on what instruments you choose to trade, this can be enough to help you get a sense of the real trading. All profits earned can be withdrawn. Make Large Profits from small wins Success in day trading is all about finding the best way to achieve substantial profits by repeatable small wins.
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TRADE Day Trading Software. Aussie Day Trader Recent Posts. ASX for the week starting 22nd May I think our market is finally trending down There are three reasons to believe this: ASX for the week starting 3rd April Since the break out atwe are looking for the 5th wave last oneand trying to work out the length of it.
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ASX for the week starting 6th Mar This is going to be an interesting week. ASX for week starting 27th Feb On Friday has been a scary red long candle down that takes out of the picture the recovery in short term of the blue trend line. DAY TRADING FROM HOME Day Trading From Home: Is This Right For Me?
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I really need a change; I'm so bored of the same work day in - day out; I've been doing same job for too long I'm getting tired of the daily commute, sick of the crowded public transport or frustrated by the slow traffic on the congested roads I want a flexible job so I can organize my priorities e. What is the environment that stimulates me the most? Do I enjoy being surrounded by people, the smell of fresh coffee and food?
Am I a morning person? Have you been thinking about trading but don't know where to start? Make Large Profits from Small Wins Make Large Profits from small wins Success in day trading is all about finding the best way to achieve substantial profits by repeatable small wins. BECOME YOUR OWN TRADING TEACHER Why not become your own trading teacher? About Privacy Policy Disclaimer.
