Types of trading There are five main types of trading available to technical traders: scalping, day trading, momentum trading, swing trading and position trading. Each of them provides different opportunities and challenges. Find the one that best suits you is key to be a successful trader. Scalping Scalping trading specializes in taking small profits from small changes of price of a stock or […]
Trading
Trading: discipline your best ally.
Trading: discipline your best ally. Most successful people attribute their success to discipline. They consider that discipline is more important than knowledge, intelligence or skills. There is one Japanese phrase that says, “sooner than later, discipline will overcome the intelligence”. In fact, there is a study conducted by Duckworth and Martin Seligman in 2004 that […]
Trading: the magic of compound interest
Trading: the magic of compound interest The more frequently your money earns interest, the faster your account will growth. This is the principal of compound interest, create value over time. But, how can we use this powerful tool to create wealth in short period of time? Here is when day trading comes to play. We […]