Archives of “January 2, 2019” day

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STOCK MARKET RULES: THERE ARE ONLY TWO!

  
  Education
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The stock market has only two rules, both of which are vague and confusing. It is up to you to make them clear and simple to understand.
 Here are the guidelines:
You must write these rules down so that you will not forget them.
You must always follow these rules.
These rules will never change.
You must keep them forever.
These rules are never to be broken.
You must never add to these rules.
 Here are the rules:
 KNOW WHEN AND WHY TO BUY.
KNOW WHEN AND WHY TO SELL.
 Now, take these rules and develop your trading methodology around them.  (more…)

The Easiest Daytrade To Make

  
Analysis, Education
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ss-7853536-potOfGold Essentially there are 3 timeframes to trade when it comes to “daytrades”:

1) the open

2) the close

3) and everything else in between

As you know by now, #3 is really the toughest to trade. It is the lowest probability trade of the three types, and your stops frequently get hit. Frequently, even if we get the direction right it is not very profitable because we get whipsawed like crazy. However, this is where many trades can be made, so the scalps do add up to a good chunk if you know what you’re doing.

So those who had joined us and getting Intraday calls-ofcourse having upperhand and minting money. (more…)

A Successful Life

  
Analysis, Education, Life
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In his book, “A Strategy for Daily Living,” trading expert Dr. Ari Kiev notes, “A successful life does not result from chance, fate, or good fortune, but from a succession of successful days lived in pursuit of a worthy pursuit.” Dr. Kiev points out that you can work toward your goal every day, day after day, and eventually even the most elusive goal can be achieved. Perhaps you will make more progress on some days than others, but what is most important is that you never give up and spend every day working toward your goal.

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