About Day Trading: If There Is Any Doubt, There Is No Doubt

Day Trading In the Spotlight | More Topics |   from Adam Milton Following your intuition and instincts can be very beneficial to you in your daily life, but does this also apply in trading? Well, the answer is yes, and no. This week's trading newsletter will explain why this is the case. The newsletter includes: - the discussion of how intuition and instincts should (or should not) be used in trading, - the third of the risk management calculations, namely the break even percentage, - and the weekly economic calendar with volatility expectations. Happy New Year :-)   In the Spotlight If There Is Any Doubt, Then There Is No Doubt If there is any doubt, then there is no doubt, means that if your intuition and instincts are telling you that something is not quite right, then it is probably not quite right. This advice may serve you very well in your daily life, but does it serve you well as a trader? The answer is that it depends upon the type of trader that you are (discretionary or system trader), and whether you can tell the difference between intuition and emotion ... find out about using (or not using) intuition in trading              More Topics Trading Charts Explained Calculating Your Break Even Percentage The break even percentage is a calculation that identifies the ratio of winning and lossing trades that gives a break even profit / loss. More specifically, the break even percentage shows the number of winning trades that are required for a trading system to neither make nor lose money. The break even percentage is a useful calculation because it can be calculated quickly, and immediately shows which target and stop loss combinations can be profitable ... find out how to calculate your break even percentage   Economic Calendar With Volatility The Christmas and New Year holidays continue this week, so this week's economic calendar includes only a few news releases from the US, Europe, and Asia. The US and Europe have three high volatility news releases each, and Asia has no high volatility news releases. Markets from all three regions would usually continue experiencing high volatility this week, but because of the holidays, almost every market will experience less trading activity than usual ... view the economic calendar     Sponsored Links   Best Moves in a Bad Economy Save & Invest the Right Way Find out how to beat a bear market, make smart choices, and keep your cool even when the economy is unpredictable. Day Trading Ads Learn Forex Day Trading System Currency Trade Trading Currencies Forex Training Advertisement     Visit Related About GuideSites: Search About      Sign up for more free newsletters on favorite topics. You are receiving this newsletter because you subscribed to the About Day Trading newsletter as lemmetry@GMAIL.COM. If you wish to change or remove your email address, please visit: http://www.about.com/nl/usgs.htm?nl=daytrading&e=lemmetry@GMAIL.COM About respects your privacy. Our Privacy Policy. Our Contact Information. 249 West 17th Street New York, NY, 10011 © 2008 About, Inc.