Trading Library

The percentage of traders who fail is a daunting figure. The market has a sadistic sense of humour and traders often fail because they are not up to it. Randomness is a cause, and so is having limited trading experience. Telling the difference between random acts of the market and true lack of skill should hedge against both overconfidence and beating yourself in the head for things that are out of your control.

Blood, busted neurons and lost capital under their belts separate the big boys from the plankton. As to how the sharks reached that blessed place, they certainly did not look up at the stars for help in shedding their amateur status (although employing astrology is your choice.)

Different people have different answers as to when they are ready to trade professionally for a living. Targets depend on your personality. One trader would consider trading from home when he consistently hits $5000 month for at least 2-3 years, along with confidence that his trading strategy is working.

The All Ordinaries Index (AOI, also called the 'All Ords') is the oldest shares index in Australia, which is composed of nearly all common shares listed on the Australian Securities Exchange (ASX). The S&P/ASX 200 index is a market index of stocks listed on the ASX from Standard & Poor's. The S&P/ASX 200 started on 31 March 2000.

If you're a a trader, chances are you're using technical analysis to analyse potential stock. Interpreting charts can be confusing, and not mention a steep learning curve for a newbie. But they can very helpful in studying the movement of a particular stock. There are no guarantees in the stock market but indicators can at least steer you in the right direction. With the different indicators out there which do you use?

Technical Analysis - The Basics:

Getting stuck in a losing streak is harsh, especially if your just a beginner. Trying to figure out where you went wrong is not easy for someone who's not that familiar with the ins and outs of the stock market. Even though every trader has a different methodology, there are common components that you have to go over. You can do all the research that you can but all data can only tell you want happened before not guarantee what will happen in the future. If you are in a losing streak, its time to go over your trading plan or rules.