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Posts Tagged ‘Starters’

LEARN TO TREND TRADE THE E-MINI S&P's for 100's a DAY

Trend trading the e-mini S&P futures is easy once someone, like me, shows you how.  First we start off getting free live charts from your broker, then we check out the time delayed charts available for free like BIG CHARTS.  Switching off between these two charts will allow you to see a trend developing that you can latch onto and grab more than the usual 1-2 points most traders try to attempt getting with day trading.  Learn to trend trade the day trade!   

Remember , markets make their moves near the hour and on the half hour.  So check both the live and time delayed charts about 10am – 11am for starters,  And track constantly until you have a trend brewing that you can see and follow for a trade.  Grab 4-6 points with a 7 point stop from your entry – long or short.  Always use a stop to protect you and protect your trading monies.   

Paper trade first with your live charts and your delayed charts.  Once you get good you can start trading with real money 1 contract at a time to begin, then move to two contracts and stagger one at two points and one at four points to get six points in the space of 4 points.  After you get good, you can trade for other people and make $1,000′s a day legally trading for other people after you register with one of the regulatory authorities governing futures for FREE.   

Forget trying to grab 1-2 points day trading, that’s tedious and will lead you to ruin.  Be smart – follow the trend and remember:  The trend is your friend!   

Learn and Prosper!   

 

- About the Author: Please see my websites:  www.alignedcapitalventuresllc.com  , www.tradeforothers.com and www.alignedcapitaltradingllc.com  Article Source

Unbiased Black Dog Trading System Review

This is my impartial Black Dog trading system review. This Forex trading program was set thru its paces during 14 weeks and the truth that I’m carrying on with only using this technique with regard to my investing should certainly speak positive things concerning its efficiency. Down the page you will notice how the method made almost 3900 points in that time implementing 6 currency pairs and find out how you could use it to profitable results your body.

For starters, I should point out that this technique consists of three independent systems. Feel free to use one, 2 or maybe all three for you to invest with and therefore in the interest of my trial run all three were put to use.

These systems are actually particularly easy to follow and even indicators appear on your monitor by means of arrows on the graph that will notify when to ready for the trade. Addititionally there is an stereo caution as well.

The authors web site promises that approximately seventy percent of trades will be successful and I’m able to back that up together with my own, personal success rate with seventy two percent.

Actually the gains of the strategy teach you a lot more than a written review such as this and so a complete explanation of the weekly gains as well as losses are shown on the link down below. One impressive part of this test is that were no bad weeks. There were adverse day totals as expected nevertheless long term profitability is vital that is certainly just what Black Dog seems to be good at. Was I simply fortunate? Quite possibly, however over 90 days for assessing gives a really good indication for success.

Read more for the Black Dog trading system review, click on the links below where you will also read the live test final results breakdown from each week, real user testimonials in addition to new member opinion from other members.

- About the Author: Click Here to see how to earn your passive income every day… Click Here Now for a new lifestyle using Black Dog Forex… Article Source

Forex for starters

To become a successful trader there are a three things you need to get correct from the outset

1 – Law of attraction.

This is not one that most people think of when they start trading but without the right mind set how will you get to where you want? Taking a leap into an unknown area is scary for anyone, if you have no successful traders surrounding you then the whole task can seem unachievable. We have heard how the Law of Attraction work, you imagine what you want and the law of attraction makes it happen!

So to begin with you need to decide how much do you want to be making from trading a month?

Set yourself a target, write down a figure. Then write down what you will do with that money, describe your new life EXACTLY as you want it to be, this is where the law of attraction comes into play the more you ask for something and see it in your life the universe makes it happen. Keep this list in front of you; imagine that life, until it becomes a reality.

2 – Risk management

Losses early on can definitely put a person off trading for life! That’s not to say you won’t ever lose its just about making sure that by managing the risk the losses always are less than the gains. So let’s get it right from the start!

i)                    Having a mathematical approach to this is vital as gut feelings can only lead to trouble! Calculating the reward: risk ratio is important as new starters and even experienced traders say that the reward: risk ratio for all trades should never be less than 3:1.

ii)                   Keep trades to 1% of the trading account. This limits the amount that can be lost on any trade.

3 – Get some professional help

There are loads of books and manuals explaining how to trade and key things to look out for so it’s best to go with the most successful tried and tested methods. Professional help doesn’t have to cost the earth there are plenty of programs with loads of support available.

Forex Automoney is such a program that not only provides trading software but training videos and has telephone support for all it traders, go to http://forexautomoneyreviews.org and try the limited trial offer or read the reviews at http://forexautomoneyreviews.org/forex-automoney-review

- About the Author:

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Forex survival kit

Where do you start? Charts or methods or do you buy a DIY package or attend seminars? All this was enough to put me off before I even started! So if you are in the same boat as I was then don’t panic! There are experts telling you what do to do and how to do it, theres loads of free info to read so lets start with the first do’s and donts of forex trading..

1)      Get some help! Learning from a successful trader can only help make you a better trader. Books and programs are good if you have the basics under your belt.

2)      Never start trading with your money use demo accounts, for example Forex Automoney is a trading platform that provides training and a demo account for you to practise on BEFORE you actually put any money on the markets. An estimated 90% of new starters fail to make a success of trading as they do not practise and learn the basics.

3)      Learn to manage risk. Do not use more than 1-2% of the capital in your trading account, big trades can mean big profits but also can mean big losses. Money management is the key to long term success in forex trading.

4)      Learn your methods well. New traders often are quick at placing trades but when they start making a loss do not get out! Apply methods strictly.

5)      Trading can be very exciting however it is necessary to keep calm and have a disciplined approach rather than get carried away with emotion.

Although the starting period for new traders may not yield life changing profits instantly, many traders have built a steady and successful income.

To take a step towards becoming a successful trader try http://forexprofitcodes.com to learn more about forex trading software and training programs built by professionals designed to help new starters and professional traders alike. Find more info at http://forexprofitcodes.com.

- About the Author:

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3 steps to becoming a Forex Millionaire

To become a successful trader there are a three things you need to get correct from the outset

1 – Mind set.

This is not one that most people think of when they start trading but without the right mind set how will you get to where you want? Taking a leap into an unknown area is scary for anyone, if you have no successful traders surrounding you then the whole task can seem unachievable. We have heard how the sub conscious part of the mind associates pain and pleasure and as a result we take action to avoid pain and gain pleasure. We also know that we will take greater action to avoid pain than to obtain pleasure so we have to make our goals so attractive that we will be compelled to take action!

So to begin with you need to decide how much do you want to be making from trading a month?

Most people will say either “loads!” or “erm I don’t really know..”

Set yourself a target, write down a figure. Then write down what you will do with that money, describe your new life EXACTLY as you want it to be, this is the association of pleasure and also write down what will happen if you do NOT achieve this target income, the associated pain with NOT achieving that targeted income will become the driving force pushing you towards the pleasure! Keep this list in front of you; imagine that life, until it becomes a reality.

2 – Risk management

I hear this from lots of traders and I know it’s important but I didn’t realise until I saw myself how important! Especially early on it’s vital that we manage our risk from the out-set because losses early on can definitely put a person off trading for life! That’s not to say you won’t ever lose its just about making sure that by managing the risk the losses always are less than the gains. So let’s get it right from the start!

Having a mathematical approach to this is vital as gut feelings can only lead to trouble! Calculating the reward: risk ratio is important as new starters and even experienced traders say that the reward: risk ratio for all trades should never be less than 3:1.

Once you have worked out reward: risk ratio, then we need to work out how much we are going to place on a trade. Again using gut feelings or having once set amount for all trades risks wiping out your trading account so keeping trades to 1% of the trading account limits the amount that can be lost on any trade.

3 – Buy on the break

Once you have picked a trade, worked out the reward: risk ratio, then you look to buy on the break. Most investors look to enter a trade that’s on the way up but they also risk getting caught by the trade retracing and consequently taking all their profits with it.

There are loads of books and manuals explaining how to trade and key things to look out for so it’s best to go with the most successful tried and tested methods. Automation is also necessary as it takes the emotion out of trading and that is important also, try comparing automated software on http://forexprofitcodes.com. I chose the Forex Profit Code out of the five recommended and the content is great, go to http://forexprofitcodes.com now and compare for yourself.

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