The volatility in the markets over the past few months have provided those involved in online trading with some incredible opportunities, however, it has also left those with poor trading habits scratching their heads and headed for the unemployment line. I’d like to take this opportunity to review some good day trading habits that should [...]

Market Reversals and Online Trading With the incredible volatility over the past few months so many traders have gotten burned by getting caught up in attempting to ‘call’ the reversals in the markets and in individual stocks that have been pushed in a particular direction. I’ve sat in day trading rooms on Wall Street and [...]

Many people have asked me about my feelings on taking overnight positions and being a day trader. They are very surprised when I tell them that I can’t afford to have feelings when I trade. Instinct is one thing, but being emotional over a position is the kiss of death for me.  As a day [...]

Day traders will live and die by what appears on their level II screen.  It is in reality the lifeline of online trading, especially for the day trader. This screen will display the existing quotes and sizes each market maker in a particular stock is willing to buy or sell. The key to being a [...]