I don’t think there are many careers as sexy as that of a professional trader. You buy, sell and repeat to the tune of the ever-ticking financial markets. Currencies, stocks, futures…your inventory is intangible. No need to herniate yourself hoisting heavy boxes or to make angry faces at an underqualified middle manager on the other […]
The Most Popular Trading Picture in the Universe
Posted by on December 6, 2014 at 5:12 am
Back in 2003, my wife (back then my girlfriend) took this picture of me in the middle of an online trading webinar. I had three 19-inch monitors running side by side at the time. You can tell that this scene was definitely retroish because the trading platform looks ancient. OMG! Roll out the ticker tape, […]
Top 5 Funniest Excuses Bad Traders Use
Posted by on November 11, 2014 at 1:55 am
Traders are a funny bunch. In my long career performing due diligence on them and working to get them funded, I have been able to witness the full extent of their creativity – creativity that can even put Pinocchio to shame! I can honestly say that I have heard pretty much every excuse from traders […]
FX Day Trading Brokers and Account Protection
Posted by on December 15, 2008 at 11:04 pm
During today’s global banking crisis, more and more day traders are worried about the safety of their funds if their forex broker goes under. In the United States, the NFA (National Futures Association) does not protect against insolvency of forex brokers. Nevertheless, I believe that FX (foreign exchange) remains one of the best asset classes […]
Day Trading Blog Anniversary!
Posted by on December 6, 2008 at 10:51 am
Our day trading blog just went through its 2-year anniversary! Wow; time flies! It was actually on November 3rd, 2008 that the blog section of Day Trading Tutor turned two (see “News” section on navigation menu). For two years, we’ve embarked on a wild journey through the forex day trading market. In that time, we’ve […]
The Ugly Side of Traditional Stock Investing
Posted by on October 10, 2008 at 1:42 am
Dear traders and investors; what bloodshed have we witnessed courtesy of the stock market! Over 8 TRILLION DOLLARS in wealth have evaporated after Thursday’s stock market close – down 39% from its peak. Ouch!!! Aren’t stocks supposed to be the backbone of all retirement portfolios? Only if you believe the giant brokerage firms that recommend […]
Don’t Day Trade to Delay your Retirement
Posted by on October 1, 2008 at 10:16 pm
Americans’ love affair with stocks has caused the delay in many retirements (perpetually in some cases). This historical credit crisis and real estate bubble blow-up has impacted 401(k) balances across the nation – as well as IRA accounts and non-retirement stock portfolios. Even diversified bond portfolios have gotten whacked, as corporate debt across traditionally “solid” […]
“Day Traders Selling Short will be Shot on Sight,” says the SEC
Posted by on September 19, 2008 at 10:59 pm
Day traders; this may sound a bit dramatic, but at the rate the SEC is going with the regulation of short sellers, this might become the next headline! In my blog post yesterday, “SEC Adopts New Short-selling Rules,” I commented on the SEC’s latest move to regulate naked short-selling. Even though I agree on restricting […]
SEC Adopts New Short-selling Rules
Posted by on September 18, 2008 at 12:15 am
“The SEC [Securities and Exchange Commission] adopts rules against naked short-selling,” writes Marcy Gordon of The Associated Press. I laughed my assets off when I read this headline just a few hours ago. This is why I love forex (or foreign exchange) for day trading so much better than stocks. I’m not saying that naked […]
Day Trading Broker Update
Posted by on March 19, 2007 at 2:05 pm
I have been receiving some emails asking about the status of our old forex day trading broker, FXLQ. This leads me to believe that some clients have not read my blog posts earlier this month about the termination of our relationship with FXLQ. You won’t see any activity in your FXLQ brokerage account because we […]
