Archive for June, 2009

What Does Support and Resistance Mean in Stock Trading?

Sunday, June 7th, 2009

Support and resistance are specific price levels which either support prices on declines in down trends or which resist prices on rallies in up trends. In an up trend, short term and day traders will attempt to buy at support or at levels of support. In a down trend, day traders will attempt to sell [...]

Writing A Small Cap Stock Day Trading Plan

Saturday, June 6th, 2009

How vital is it to maintain a day trading plan? Why do you want a trading plan? This editorial will explore various notable aspects of why you should have a trading plan, as well as the necessary basics of your trading plan. You Need A Small Cap Stock Trading Plan A trading plan is of high significance [...]