Day Trading Education Center

Use the Arms index to spot extreme situations on the upside and downside

Automated day trading is when a trading system places orders in the market without any human interaction.  These systems work best for traders who are unable to manage their emotions and or have poor money management techniques.

Trading method of increasing a position size as the trade goes counter to your initial transaction. Averaging down is putting good money to bad.

A Bear Trap is a technical formation where a stock rallies sharply after a false breakdown.  This leads to sharp short squeezes

Discussion around managing your risk and using stop loss orders

Discusses the definition of day trading and talks about the different types of traders and a simple rule that you must follow to be a day trader.

An approach to stock selection and the common misconceptions regarding breakout trading

A day trading coach provides guidance to new and seasoned traders, to assist the trader in achieving their goals.

A rundown of the hardware and software needs that you will have as a day trader.

Day Trading is by far the hardest form of trading. This is due to the speed at which a trader must make decisions. In day trading, there are a number of factors, which will prevent a trader from entering the zone.

A day trading journal is the only part of your trading arsenal required to succeed at active trading.

There are a number of day trading styles that make money in the market. This article provides an overview of multiple trading strategies that professionals use to make money on a consistent basis.

Understand the market dynamics of the different time zones throughout the trading day.

When you turn on your computer in preparation for the trading day, the one and only thing you should care about is finishing up on the day. I personally do not subscribe to the idea of only trade the charts and everything will take care of themselves.

Learn about the different types of fibonacci retracement levels and how to apply them in day trading

Learn about Jesse Livermore's rules for money management; don't lose money, always have stop loss orders in place, have cash on reserves, let your position ride, and take profits!

Level II is one of the key tools for day traders. Level II displays the best bid and offer from available market makers in the marketplace.

Leveraged ETFs offer investors a simple way buy a broad index or sector, but at the same time, they allow traders to double the returns of a traditional unleveraged equivalent.

Losing streaks are a part of any trading system and must be mastered by the day trader in order to trade in the zone.

Margin Trading - definition, requirements, maintenance, interest

Market Scanners are a vital component to any day trading strategy.

Momentum traders take positions in stocks that are experiencing explosive moves, with hopes of capturing quick profits.

The mysmp.com Live Trading Room is more than just a chat room. Our ive trading room at mysmp.com provides traders with front row seats at the screens of two full-time day traders. Subscribers will be able to see the charts and orders as they are filled in real-time via our streaming video feed. This will provide you the ability to view trades as they occur without any editing.

Rebate Trading is the act of buying or selling short a stock directly from an Electronic Communications Network (ECN) and receiving a rebate from the ECN for the transaction.

Scalp Trading is when a trader attempts to make very small gains with high probability.

Simulation trading is the act of trading stocks in real-time or delayed with fictitious or paper money.

Learn how to spot a turn in the stock market direction through a few key indicators.

Learn how to control your emotions when you are trading stocks

One of the biggest reasons for so many losing traders on Wall Street is the fact they take profits too early.

The time and sales window provides details on each of the trades that have gone through for that security, such as: Time of Trade, Price, Size of order, and condition of order

Tick charts display a certain number of trades before printing a new bar chart. Unlike other charts which are based on time, tick charts are solely based on trading activity.

Use the TICK index to spot extreme situations on the upside and downside

Stop Punishing Yourself. Learn to cope with trading stress.

The trade volume index (TVI) detects whether a security is being bought or sold based on tick data.

Trading Multiple time frames allows a trader to trade with the primary trend on all time frames. Learn to use multiple timeframes to lower your risk and increase your profits

Creating a trading plan is one of the most important components when trading stocks.

Learn to manage your trading risk by creating a winning strategy.

Expand Your Trading Risk Profile - embrace risk and watch your profits soar

A weak long is a trader who does not have the conviction to handle the risk associated with trading.  This, in turn, causes uncessary losses due to a lack of a risk appetite.

Learn to identify obvious support and resistance levels at whole numbers