About Day Trading: It's Not a Loss Until I Exit, Right?
 | from Adam Milton
This week's day trading newsletter discusses some of the common traps that new traders fall into, and explains why these traps need to be avoided in order to trade profitably. The newsletter includes: - two sayings whose only purpose is to help you lose money, - an explanation of the difference between fake profit and real profit, - a discussion about how not trading can make you money, - and the weekly economic calendar with volatility expectations. Good trading everyone :-)
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In the Spotlight |
It's Not a Loss Until I Exit, Right? ... Wrong!
There are a couple of day trading sayings that amateur traders tend to believe, but that professional traders laugh at because they are a joke. If you are a trader that has used these sayings, or think that they might be true, don't feel bad, but do think again, because they are one of the quickest ways to an empty trading account ... find out which mistakes to avoid
| | When is Profit Not Actually Profit?
Day traders like to talk about their profit, but there are actually two different types of profit, and the difference between them can be the difference between making or losing money ... find out which profit you need
| Good Traders Know When Not To Trade
"Flat is a position too" is a saying that traders sometimes use when they are waiting for their next trade, or when they are avoiding a trade, but what does this saying actually mean ... find out what this means
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