Why Take A Day Trading Course?

If you’re interested in learning day trading, you might be tempted to take on advice from friends and family. “Buy this stock, it’s doing well,” they’ll tell you, or “Don’t buy this stock, it’s going up but really slowly.” Rather than diving into buying stocks blindly, it may be better to undertake day trading training, which is not based on personal opinion but rather logical technical analysis.

A day trading course will cover all the fundamentals you need to know and give you an overview of what to expect so you can decide if day trading is for you. Day trading courses come in all forms, from short two-hour sessions to weekly classes, from online tutorials to in-person seminars.

Day trading courses will teach you charting techniques so you understand how to watch a stock and understand when is a good time to buy or sell. You’ll gain an understanding of why some stocks are more volatile and riskier than others; some courses even allow you to watch a day trader executing stocks so you can learn mistakes and successes from observation.

A day trading course will cover theories about the market, psychological aspects of day trading, and guide you on how to track stocks so you can make informed decisions at all times.

Municipal Bonds Aren't All That Safe

If you’re looking for day trading tips, here’s one: municipal bonds aren’t as safe as they once were. When Las Vegas planned a monorail system that would allow tourists to easily travel up and down the strip, it seemed like a pretty good idea. And after selling more than $600 million in bonds, with some paying up to 7.5% annually, why not?

But when the tourists stopped flocking, and the project filed for bankruptcy earlier this year, it seemed as though investors were dreaming. Since when does such a highly rated muni bond fail so badly? Since last July municipal bond investors have missed, on average, about one interest payment daily, for a grand total of about $6 billion dollars. Simply put, what was once a low risk market, now looks pretty risky. Even the insurance that grounded a lot of these investments now seems unsteady, because the insurance companies themselves have been implicated in recessional woes.

A default isn’t necessary for a drop in the value of municipal bonds; that has already occurred. Holding bonds until they mature won’t mean lost capital, but if you need to sell it immediately, it may. So if you have municipal bonds, wait for them to mature, because falling bond prices are not a good sign for small time investors, who rely on day trading tips. For more day trading training visit www.TrademarkAcademy.com.

Last Week's Lesson In Market Volatility

About a week and a half ago, the stock market fell almost 4%. Luckily last Monday, stocks rebounded, but questions remain about why the drop, and what repercussions it may have on the volatility of the stock exchange.

Today the exchange is larger and faster than it ever has been. That’s good for individual investors, because it allows for greater accessibility. Unfortunately, it has also made it more difficult to predict what will happen. That’s why more than two thirds of investors work in private hedge fund environments. These high frequency traders look out for their own investors and not the investors for whom they’re trading. When one firm placed a bet on losses, many other firms began to sell stock to protect themselves. This continued at an extraordinarily high volume, and trading systems became overloaded, taking two minutes to perform trades ordinarily done in seconds. The results were devastating. The markets didn’t fall too hard because companies who have cheap stock sniffing software picked up some of the day’s biggest losers, for a fraction of what they cost in the morning.

This is why uninformed day trading can be risky. If you want to learn day trading, a day trading course is a good way to get started. Learn day trading from the Trademark Academy, where informed professionals can help you make money.

The Stock Masters

Above, a timely exit from XLI.
Every year the Wall Street Journal chooses the Stock Masters, the five best analysts in each industry. Their methodology is calculated according to price returns. For a stock rated buy, a positive return made a positive score, a negative return made a negative score. For a stock rated sell, a negative return yielded a positive score, while a positive return yielded a negative score. An asterisk on this list indicated analysts who appeared in more than one industry. These are the guys to talk to for day trading tips. But if you don’t recognize any of the names on the list, you can apply to a day trading course, where you can learn the techniques for proper stock market analysis.

It’s important to look at the facts when you’re trading, not to listen to rumors, media anxieties, or the like. Especially when looking at the ETF’s (exchange traded funds) of last week, many high probability stocks were on the decline. Some exit signs to watch for are when a stock closes in overbought territory or is above a 5 day moving average. Day trading tips are easy to come by, but can be difficult to absorb. Making money in day trading is a science. Acing the test requires a lot of studying.

How to Be a Successful Day Trader

To learn day trading and become good at it, like anything else, takes time and dedication. There is a lot of potential to make money in the stock market, but you can’t just dive in without any day trading tips or day trading training.

Taking a day trading course is a great way to learn the basics, and through practice, make a lot of money. It’s difficult because it takes time and a strategy to be successful. While a lot of the prices for certain stocks depend on the psychology of the buyers, there are certain flags to watch for in determining whether to buy or sell. At Trademark Academy, we believe in a better risk reward.

While other traders think that winning most of the time is important, they don’t realize that you can lose on 7 out of 10 trades and still make a lot of money; it all depends on what you’re trading.
By connecting the dots from day to day, and learning techniques about odds and strategies, you will be on your way to being a successful day trader. A day trading course is a great way to learn the basics for your foundation in day trading, so that you can eventually reap the rewards.

5 Books Great for New Day Traders

If you'd like to learn day trading but aren't sure if you're ready to sign up for day trading training, reading about day trading is a great way to start out. There are tons of day trading books out there that offer a wealth of information on the subject and could be helpful to anyone looking to make money as a trader.

Here are 5 highly rated books about day trading that are available online or at any bookstore.

1) Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude by Mark Douglas- This book is a resource for getting tips on developing your keen day trading mindset.

2) The Day Traders Survival Guide: How to Be Consistently Profitable in Short Term Markets by Christopher A. Farrell- Farrel does a fantastic job at pulling back the curtain and exposing how market makers and specialists manipulate stocks to fleece traders and investors. He then shows how you can turn the tables to work the markets to your own advantage.

3)Come Into My Trading Room: A Complete Guide to Trading by Dr. Alexander Elder-
This book is an international best-seller and among other things, gives you a complete introduction to trading essentials.

4) The Psychology of Risk:Mastering Marketing Uncertainty by Ari Kiev-
If you're looking for a clear, enjoyable book on how to find success in trading, this is a must-read for you.

5)Market Wizards: Interviews with Top Traders by Jack Schwager-
This book is a classic and features interviews with some of the most successful traders out there, delving into their backgrounds, experiences, and trading techniques.

Day Trading Tips: How to Avoid the 3 Most Common Mistakes

If you're just starting out or thinking about starting out in day trading, you may be a little concern about taking all of the right steps to ensure success and are looking for the perfect day trading tips. The truth is, there is no foolproof plan of attack for success—you just have to know the market, know what to expect, and know yourself. Here are three common day trading mistakes and advice on how to avoid them. Remember that if you truly want to be successful, enrolling in a day trading course could be extremely beneficial, and a course can end up paying for itself.
 
Mistakes
1)    Trading with Emotion.
Emotion, meaning fear and greed, can be detrimental to your trading success. To overcome this, you need to have a system in place that picks trades mechanically. Doing this takes the fear out the equation.

2)    Trading without Research.
This is a big one that can absolutely make you loose money. Day trading is a real business and the stock market has no mercy for the whimsical and unprepared. Read up on companies before you buy stock.
 
3)    Trading with Money You Can't Afford to Lose.
A successful day trader doesn’t trade money that could ruin their life or their family’s life, if they lose it. By risking money that you can’t afford to lose, you’re instilling that fear and emotion that is extremely harmful to trade success.Trade within your means and you will prosper.

Day Trading Advice for a Beginner

Despite the name, you can’t learn day trading in a day.

It takes a while for you to get your system down and figure out what you do right. Once you get that down, you will have greater odds of being successful. Finding your system is important, and once you find one that works for you stick to it. If you’re a tape reader, find a niche like mid-cap stocks on the New York Stock Exchange and watch them like a hawk. If you see a big order come in, buy a few shares and see what happens. If that doesn’t work for you, move on and try something else that does work.

Another tip for someone just starting out in day trading, is to be bold and cut your losses. You’re not going to win all the time, and there will be times when you’re wondering what exactly you’re doing with yourself. But you shouldn’t let loss discourage you. It’s part of the day trading process and fear does nothing for you but drag you down.

If you are really serious about day trading, you should look into day trading courses, to get a strong hold on what exactly you’re getting into.

Look Into Day Trading Training for Optimal Results

No matter what anyone tells you, it takes a while to get into the groove and really learn day trading. Like most things, success doesn't happen overnight--it takes the right combination of factors including education and a good attitude to really see results. I started out in day trading about 4 years ago, and I've had my share of ups and downs. It was rough starting out. I was arrogant and thought that since I read the Wall Street Journal every day and read a few online tutorials, I could master the art of day trading in no time.

But unfortunately for me, that wasn’t the case. I got really frustrated when I wasn’t seeing results. I mean, I studied the market, I was in-the-know (or so I thought)… what was I doing wrong? That’s when I decided to put my ego aside and look into day trading courses. After the first course, I walked out and knew I made the right decision. By learning from professionals who truly understand market psychology, you get training that sets you up to be successful and maximize your profit.