Recent content by DayTradingGuide

  1. DayTradingGuide

    Comments on the Expiration Cycles Article

    I just read the Expiration Cycles article, and I wanted to comment on the expiration dates that are discussed in the article. As mentioned in the article, the standard expiration date for many futures and options markets is the third Friday of every third month, however, there are many futures...
  2. DayTradingGuide

    FAQ Can You Recommend a Data Feed, Charting Software & Broker?

    Spread Betting Companies I do not have any information about specific spread betting companies myself, but there are many spread betting traders on T2W, so hopefully somebody should be able to offer you some good advice. Adam Milton
  3. DayTradingGuide

    Question about buy stop orders

    Scottrade and E-trade are traditional brokerages that are targeted at the general public rather than professional traders (regardless of what they say on their web sites). If you want to become a professional trader (day, swing, or position) you will need to use a direct access brokerage, which...
  4. DayTradingGuide

    Some One Should Show Me The Actual Time Used for PIVOT POINT Calculations

    Pivot Point Calculations The calculations of the standard pivot points are actually very simple, but the amount of time that should be included, and the time zone that should be used, are often sources of confusion. For markets that are only open during regular trading hours (such as the DAX...
  5. DayTradingGuide

    Making paper money but losing on live trades

    There could be several reasons why your trading system is working in simulation, but not when you are trading live. One of the most common reasons for beginning traders is the additional emotion that comes with trading their own real money. The fear of losing money is a very strong emotion...
  6. DayTradingGuide

    EUR/USD Trading

    Time of Day In my experience, the trading day for most markets (EURUSD included) can be divided into the following time frames: * The first two hours of the day - The first two hours that your market is open, or the first two hours of regular trading if your market is open twenty-four hours...
  7. DayTradingGuide

    What are the best sites offering free charts and/or technical analysis tools?

    Google, Yahoo, and OnVista For trading charts, day traders need to have their own charting software (such as SierraChart, TradeStation, NinjaTrader, etc.), but for non trading charts, there are a few web sites that offer quite decent charts. For basic charts in English, either Google Finance...
  8. DayTradingGuide

    FAQ Can You Recommend a Data Feed, Charting Software & Broker?

    Choosing a Brokerage With regard to choosing a day trading brokerage, there are several factors that should be involved in your decision. Some of the most useful factors are as follows: Do they offer all of the markets that you are interested in trading? Are they a direct access brokerage...
  9. DayTradingGuide

    FAQ What is Technical and Fundamental Analysis?

    Technical or Fundamental Analysis Technical analysis traders use the market data (prices, volume, etc.) along with technical indicators (such as moving averages, the relative strength index, etc.) to determine when and how to make their trades. Fundamental analysis traders use financial...
  10. DayTradingGuide

    FAQ What's the Difference Between Stop Loss and Limit Orders?

    Order Types A stop loss is not actually an order type, but rather a term that indicates that the order is being used to exit a losing trade (i.e. to stop the loss from getting any bigger). A limit order is an order type (because it can be placed at an exchange), and in theory could be used as a...
  11. DayTradingGuide

    Sticky Introduce Yourself

    Hello ... Hello traders and potential traders, My name is Adam Milton. I am a professional day and swing trader, and the About.com day trading guide. As a member of T2W I want to help new traders start trading, and help experienced traders improve their trading. If you would like to know more...
Top