• Time Based
• Indicator Based
Stops that are priced based are generally used when the other two have not functioned. To make this work you will need to make hypothesis’s about the trade and identify a low point in that particular market. Then you will set your trade entries near your points, thus making sure that losses will not be overly excessive if the hypothesis fails.
Time Based stops constitutes making use of your time. Designate a holding period you allow to capture a certain number of points. If you have no achieved your desired profit within that time limit, you should stop the trade. If effectively used you should stop even if the price stop limit has not been achieved.
The Indicator based stop makes use of market indicators. As a trader, you should be aware of these indicators and utilize them extensively within your trading experiences. Look at indicators such as, volume, advances, declines, and new highs and lows.
Experts in trading psychology say that setting stops and rehearsing them mentally is a good psychological tool to use and will help ensure that you follow through.
Virtual stock trading game, learn about stock trading from onl
Planning to take up stock trading as your profession? Well, how about learning the tricks of the trade first without burning your hands in the fire? Think of online stock game and stock trading game which are community games that give the prospective trader an idea into the market scenario. All you need to do to join the game is to click on the button a...
Stock Trading Psychology
Many of today’s highly successful traders will tell you that the general key to success in trading is to be able to comfortably take a loss. It is general knowledge among experts in the trading psychology field and among traders that the market is not predictable and it is safe to say that it never will be. In the world of trading, it is expected to take a l...
Stock Trading - An Introduction To Trading Stocks In The Stock
Stock Trading is of great interest to many people. Stock trading is an exciting, shorter term strategy where it is you against the market. Stock trading is one of the most exciting things you can do, but it does require a lot of skill and discipline to succeed. Stock trading is done at at a stock exchanges, which are places where buyers and sellers meet and ...
Top Searches - Trending Searches - New Articles - Top Articles - Trending Articles - Featured Articles - Top Members
Developed by Interfuse - Copyright © 2010 - 2018 Uberant.com