So often friends of mine who know that I am involved in day trading will ask me about the cash flow or P/E ratio of a stock and how I use this in my online trading. I love the look they give me when I disclose that trading is not investing, and although I do [...]

Day Trading breaking news   With all the turmoil in not only the economic conditions of the United States but globally as well we can very well see the effects of all the panic due to the banks failing, the automotive industry in potential ruin in the USA, energy fluctuations and many, many other events [...]

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 [...]

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 [...]