Setting your trading system goals is the first step to success. You must be 100% clear on your trading goals to be successful and written goals put you ahead of most other traders.
Trading Strategy Tips Articles
Most novices who start trading for the first time often rely on other traders and market participants for stock trading tips. This approach can be considered natural in other industries and professions, especially ones that require an apprenticeship. However, in trading, this can prove deadly. One must seek guidance from market veterans and profitable traders, but only those that have consistently been profitable and have years of experience behind them.
Usually, such veterans and profitable traders have one trading strategy they have mastered, or with years of experience, they would have multiple such trading strategies in their arsenal. If amateurs want to turn pros in this game, they must focus on developing their own trading strategy. Once you have mastered that one trading strategy, you can think about creating multiple trading strategies that work in different market conditions.
At Enlightened stock trading, our goal is precisely that. First, to teach you how different markets behave, then what works in those markets, and finally, how to develop a trading strategy on your own. Our videos on stock trading tips are different from other videos you will find on the same or similar topics.
We are not in the business of providing discrete stock tips to unsuspecting amateur traders or selling them dreams of turning a small sum of money overnight into millions. Instead, Enlightened stock trading focuses primarily on teaching you how to think. Once you have mastered that, you can create your own swing trading strategy or even a scalping trading strategy if you desire.
You can also browse through some of our research on trading strategy for FREE here: https://enlightenedstocktrading.com/category/stock-trading-strategy/
In this collection of articles you will find trading strategy tips that will teach you how to generate consistent returns from the market without wasting too much of your time and taking a lot of emotional and physical stress. Moreover, you will also learn how to analyze your trading records and measure the performance of your trading strategy.
We also have Q&A videos and articles on niche topics like what to do if you have multiple trading strategies giving a buy signal simultaneously and you only have limited capital to trade in your account. If you have traded for some time now, you would be aware that market conditions change from time to time. Should you change your trading strategy when that happens? You can find the answer to that in one of our videos too.
Please also watch our trading strategy tips videos on YouTube on this link:
Trading Strategy Tips videos
Finally, being market veterans and consistently profitable traders for decades, we also understand why systematic traders fail at times even with the best trading strategy. The answer is simple – they stop following their backtested trading strategy and start modifying it when it is in a drawdown. Do you want to know how you can ensure that you follow your trading strategy at all times without having second thoughts? Great, we have a video on that too.
In our Enlightened stock trading website you will find multiple FREE articles and resources that we have curated especially for you to improve your trading, find an edge and develop a trading strategy from scratch that works.
When you ALMOST get a buy signal or sell signal and you are really itching to place that trade, or when you are waiting and looking for extra trades to take, watch this video first.
At some level, most traders get into the markets because they want to be free… and yet most trade in a way which will never give them true financial freedom or time freedom.
One of your first steps need to be clearly identifying what you want as a result of your trading – your trading objectives. Most traders skip this step and the. Wonder why they arent profitable or dont like all the time their trading is taking up.
Stock Trading Video from John Day Fossil Bed National Monument
Want to find out if The Trader Success System is right for you?
One of the most important Stock Trading Tips is that you cant win if you fight the market. To profit consistently in your trading you have to see what the market is ACTUALLY doing and respond accordingly… Too many traders wait for the market to do what they THINK is should be doing… this is a catastrophic trading mistake.
Most traders try to get into new stock trends TOO EARLY – find out why in this video. Stock trading system development is a series of trade offs, and most stock traders get this trade-off wrong. The fear of missing out drives you to want to enter early, but the downside is too many false entry signals.
New traders lose money and quit because of their behaviour in the markets. This is not usually intentional… but it is the behaviour of the trader that causes it. You wouldn’t go into the water scuba diving without first following a safety checklist to make sure you don’t drown. So why would you not follow a safety checklist before you enter the market?
Do you want to make more money trading? Chances are your first impulse to make more money is to find more trades, trade more often, look at the market more regularly.
Unfortunately the markets dont work like this. The markets are counter-intuitive Im so many ways and if you want to make MORE MONEY then you probably need to TRADE LESS often. Watch this video to find out why.
Learning to trade stocks makes far more sense than leaving your money with a Professional Fund Manager – Here is why !!
I was visiting the Guinness Book of Records museum with my family in Los Angeles today (my kids love that stuff…) and it got me thinking about all the people who spent their lives trying to break a record. So few actually break world records, even in obscure activities, but people still try!
If you want to succeed as a profitable stock trader for the next 10 years or more then you need to NOT be like people trying to break a record… you need a higher probability approach.
In trading this means having a high probability of profit over many trades over many years. Too many traders act like they want to get rich by next week, but that only guarantees their failure in the long run because they end up blowing up and losing everything!
You wont believe what happened – I had to have a rant about it! This is why Backtesting EVERYTHING for yourself is so important. Learning how to backtest correctly is the number 1 skill for technical traders.
Are you at risk because you havent backtested your stock trading systems?