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	<title>RSI7 Stock Alert Blog &#187; day trading coach</title>
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		<title>Disater of Trading the Wrong Market</title>
		<link>http://rsi7.com/2009/08/15/disater-of-trading-the-wrong-market/</link>
		<comments>http://rsi7.com/2009/08/15/disater-of-trading-the-wrong-market/#comments</comments>
		<pubDate>Sat, 15 Aug 2009 12:47:24 +0000</pubDate>
		<dc:creator>HanaDaddy</dc:creator>
				<category><![CDATA[Investment Tips and Ideas]]></category>
		<category><![CDATA[day trading coach]]></category>
		<category><![CDATA[The Complete Guide to Daytrading]]></category>

		<guid isPermaLink="false">http://rsi7.com/2009/08/15/disater-of-trading-the-wrong-market/</guid>
		<description><![CDATA[
If you know the pitfalls of trad ng ¬i, you can easily avoid them. Small mistakes are inevitable, as the insertion of the wrong stock symbol or incorrectly setting a buy level. But these are forgivable and, with luck, even profitable. What must be avoided, however, the errors are due to the bad opinion, rather [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://rsi7.com/post/image/VC006271.jpg" class="right" /><br />
If you know the pitfalls of trad ng ¬i, you can easily avoid them. Small mistakes are inevitable, as the insertion of the wrong stock symbol or incorrectly setting a buy level. But these are forgivable and, with luck, even profitable. What must be avoided, however, the errors are due to the bad opinion, rather than simple errors. These are the “d eadly? Mistakes that ruin the whole business career, instead of just one or two trades. To avoid these problems, we need to look closely and you stay diligent.</p>
<p>Thinking of trading errors, such as driving a car on icy roads: If you know that driving on ice is dangerous, you can avoid traveling to a storm of sleet. But if not ’t know the dangers of ice, you can drive as if there were no threats, only the realization of a time that your error ’r and off-road already.</p>
<p><span id="more-798"></span>Too many traders are set on a single market. They can only trade forex USD / EUR, or the E-mini Russell, or the E-mini Dow, or simply ¬t cer ain stocks, etc. While they may feel a sense of expertise or knowledge in this market, not one, no matter how they are experienced, can predict what will happen at any time. These people are the same for the disaster, because there will inevitably be a time when they ’l l make a mistake. And without diversity in their jobs, you lose everything that ’v and worked hard to earn.</p>
<p>The key to the choice of a market is not ’t to find one that seems to better understand others. That will always be something of an illusion. But there is a market that you can always depend on: what is moving. You know that you should buy when the market rises and selling when the market falls. A movement of the market will always be profitable, even if ’v and never traded a single share of first.</p>
<p>Pay particular attention to trendlines, both in markets where it already ’r and trade and markets and you ’r consider. If one of your markets is constantly choppy or just moving sideways, quit and go to another. If you think of commercial success because they do not adhere to a market, but with a tendency, no matter who ’s in the market, then you ’r thought and successfully.</p>
<p>The key, of course, is that you should keep an eye on markets where it currently aren ’t trading. Keeping up with the options is as important as what you watch and ’r familiarity. These research and experience that come into play. Getting to know a number of markets (and how to get over it) that takes time. But don ’t leave you discouraged. In addition, ’t you do not want to understand each option in the end. Choose a few different markets actually trade, but also choose only a couple to watch. In this way, is ’l see how your business, and it is also possible to compare activities to the markets is not possible to know much about (yet).</p>
<p>The only way to know the markets that are good and bad for you to watch them is. Watching a variety of markets will give you the knowledge ’l l need to use ’s when it&#8217;s time to change gears and elusive which run trend.
<p>
<a href='http://rsi7.com'>Thank you for visiting RSI7.COM &#8211; Stock Buy Alert Blog.</a></p>
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		<title>Why aren&#8217;t you taking your profits?</title>
		<link>http://rsi7.com/2009/08/05/why-arent-you-taking-your-profits/</link>
		<comments>http://rsi7.com/2009/08/05/why-arent-you-taking-your-profits/#comments</comments>
		<pubDate>Wed, 05 Aug 2009 18:16:11 +0000</pubDate>
		<dc:creator>HanaDaddy</dc:creator>
				<category><![CDATA[Investment Tips and Ideas]]></category>
		<category><![CDATA[day trading coach]]></category>
		<category><![CDATA[The Complete Guide to Daytrading]]></category>

		<guid isPermaLink="false">http://rsi7.com/2009/08/05/why-arent-you-taking-your-profits/</guid>
		<description><![CDATA[If you know the pitfalls of trad ng ¬i, you can easily avoid them. Small mistakes are inevitable, as the insertion of the wrong stock symbol or incorrectly setting a buy level. But these are forgivable and, with luck, even profitable. What must be avoided, however, the errors are due to the bad opinion, rather [...]]]></description>
			<content:encoded><![CDATA[<p>If you know the pitfalls of trad ng ¬i, you can easily avoid them. Small mistakes are inevitable, as the insertion of the wrong stock symbol or incorrectly setting a buy level. But these are forgivable and, with luck, even profitable. What must be avoided, however, the errors are due to the bad opinion, rather than simple errors. These are the “d eadly? Mistakes that ruin the whole business career, instead of just one or two trades. To avoid these problems, we need to look closely and you stay diligent.</p>
<p>Thinking of trading errors, such as driving a car on icy roads: If you know that driving on ice is dangerous, you can avoid traveling to a storm of sleet. But if not ’t know the dangers of ice, you can drive as if there were no threats, only the realization of a time that your error ’r and off-road already.</p>
<p><span id="more-795"></span>Greed is dangerous, but an obvious mistake. By their very nature, of course, merchants are greedy, since start of trading, in order to make more money. Will not more money ’t dangerous wishing it was too fast. Every operator wants to get rich, and want to do this in an exchange. And what ’s when they lose.</p>
<p>Trading success comes from consistency, not an exchange “g rand slam. There are a lot of novice traders out there who believe that their luck will be made in one incredible trade, and then l ’l never to work again for their whole life. This is a dream, a dangerous. Successful traders realize that right away. The best, and usually only way to make a fortune in business is the consistency ¬t transparency. And this luck will probably be in small quantities. ¬t unately Unfortunately, most traders go to great victories, leading to large losses.</p>
<p>E &#8216;logical operators are more interested in greater profits for business. What did not? A fifty dollar bill or a five dollar bill? The answer is obvious. But when it comes to trading, ’s not so easy. You can ’t take the five dollars in the law, you may lose fifty dollars of his money, or more. The main thing to keep in mind is this: Even if you take the fifty U.S. dollars ’t bill now, it can take ten o&#8217;clock five U.S. dollars over a longer period of time. And the end result is the same? Fifty dollars.</p>
<p>And that ’s the main point here: small, steady profits add up. This does not mean that we ’l l do not have a big winner. In options trading, for example, is quite common to have ’s profits by 100%, 200%, or 1.000% in a single trade. Therefore, it is impossible not to hitch ’s big profits? ’s just something that should not count. If you expect this type of numbers all the time and accept nothing less, you ’r setting for you and guaranteed disappointment.</p>
<p>The key to commercial success: small but consistent profits. Consistency is the key, because if the profits are consistent and predictable, then you can simply use leverage to trade size. Therefore, you must know when to exit with a profit. Resisting temperature ¬t tion to stay in “j ust a little &#8216;more, for a little&#8217; more.<br />
> swap</p>
<p>
<a href='http://rsi7.com'>Thank you for visiting RSI7.COM &#8211; Stock Buy Alert Blog.</a></p>
]]></content:encoded>
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		</item>
		<item>
		<title>Disaster waiting when Not Limiting Your Losses</title>
		<link>http://rsi7.com/2009/07/19/disaster-waiting-when-not-limiting-your-losses/</link>
		<comments>http://rsi7.com/2009/07/19/disaster-waiting-when-not-limiting-your-losses/#comments</comments>
		<pubDate>Mon, 20 Jul 2009 00:15:36 +0000</pubDate>
		<dc:creator>HanaDaddy</dc:creator>
				<category><![CDATA[Investment Tips and Ideas]]></category>
		<category><![CDATA[day trading coach]]></category>
		<category><![CDATA[The Complete Guide to Daytrading]]></category>

		<guid isPermaLink="false">http://rsi7.com/2009/07/19/disaster-waiting-when-not-limiting-your-losses/</guid>
		<description><![CDATA[
If you know the pitfalls of trad ng ¬i you can easily avoid them. Small mistakes are unavoidable, such as
incorrect insertion of the stock symbol or incorrectly setting a buy level. But these are forgivable and, with
Fortunately, even profitability. What should be avoided, however, the errors are due to bad advice, rather than
simple mistakes. These [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://rsi7.com/post/image/660952_stock_watch.jpg" class="left" /><br />
If you know the pitfalls of trad ng ¬i you can easily avoid them. Small mistakes are unavoidable, such as</p>
<p>incorrect insertion of the stock symbol or incorrectly setting a buy level. But these are forgivable and, with</p>
<p>Fortunately, even profitability. What should be avoided, however, the errors are due to bad advice, rather than</p>
<p>simple mistakes. These are the “d eadly? Mistakes that ruin the whole career, instead of just one or</p>
<p>two jobs. To avoid these problems, we need to look closely and you stay diligent.</p>
<p>Thinking of trading errors, such as driving a car on icy roads: If you know that driving on ice is dangerous,</p>
<p>you can avoid traveling to a storm of sleet. But if we do not know the dangers of ice ’t, you may drive as if there</p>
<p>threats were not only the realization of a time that his mistake and ’r already off-road.</p>
<p><span id="more-789"></span>The operators often fail to limit losses in search of a great victory. Of course, the only way you can make a</p>
<p>Fortunately commercial actually stay in the game, and ’s hard to stay in the game when you already lost ’v and all</p>
<p>your money. The problem is that people often feel like every loss is a failure and, therefore, not a ’t</p>
<p>strategy to integrate “s AFE? Losses. They may feel “p LANNING? This is a loss to plan to fail, while in</p>
<p>Indeed, the planning ’s to maintain themselves in the game.</p>
<p>The losses are a part of our business. The key to success is to limit losses. Too many players too “r</p>
<p>oom? And very successful, which can be reduced to account for 20%, 30%, and sometimes even 40%. It is necessary to</p>
<p>in place a system that will ensure that you set to avoid the loss of small emptying your account.</p>
<p>There ’s a huge difference between losing big on a regular basis and losing in a small business plan</p>
<p>check. You already know that you should keep your losses small, the key is to keep them smaller that your</p>
<p>media wins. Even if your winning percentage is only 50% is still ’l profit properly if you set yourself. For</p>
<p>example, if you have a weekly strategy was $ 300 to win, but only $ 200 for each loss, a draw for a win and a</p>
<p>loss continues to make a profit of $ 100 per week.</p>
<p>The real key is to set a weekly goal and to make sure you have set a limit of loss for each trade. So ’s say</p>
<p>your goal is $ 300 each week and you want to be sure that we do not lose more than $ 200 per trade. If the</p>
<p>the first two trades of the week have been losses, and ’r down $ 400. But all you need is three more victories</p>
<p>for the rest of the week to make your profit. Once you meet your goal, stop the trade, otherwise could end</p>
<p>with more losses, the delay is gouging and funds in your account, which simply returns.</p>
<p>The basic rule: always know when to exit a trade. Set a limit of loss and stick to it. But even in the short term</p>
<p>objectives, and stop when you ’v and met those goals. Don ’t ever play. Remember that the search for small</p>
<p>gains in the long term is much more reliable and coherent strategy that will help you avoid losing too</p>
<p>too quickly.
<p>
<a href='http://rsi7.com'>Thank you for visiting RSI7.COM &#8211; Stock Buy Alert Blog.</a></p>
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