Moving averages (MAs) are very simple, yet extremely useful tools for investors. A moving average is simply the average of a series of numbers over a period of time which is constantly updated by dropping the oldest value and then adding the newest value and recalculating the average. So a 5-day moving average […]

Learning how to use candlestick charts was probably the second most important thing I’ve learned (money management is a clear #1) since I started trading for a living. The funny thing is that when I started trading all of the charts in my trading software were defaulted to displaying candlestick charts. At that […]

Whenever anybody asks me for advice on learning about the stock market I immediately ask if they’ve read How to Make Money in Stocks by William O’Neil. In my opinion, if you read only one book on investing it should be this one. I credit this book with changing my whole approach […]

I’m choosing to start my Trading 101 Series with a discussion of MaoXian’s ‘Trading for Dummies’ lessons because it’s one of the best examples of how to trade that I’ve seen. It’s not that I’m necessarily advocating his style of trading — you have to pick a style that suits you. Rather, I […]

Here’s the Table of Contents for my ‘Trading 101′ series. I will turn each topic into a link once that article is completed.http://tradermike.net/2005/08/thoughts_on_day_trading

Tags: Trading 101

I’ve decided to a series of posts covering some basics of trading/investing. For lack of a better name, I’m calling it ‘Trading 101′. Much, if not all of what I write will apply to both trading and investing. In fact, I see no difference between the two, except maybe for time frames. […]