Three Steps To Short-Term Trading Success

This article is taken from the Forex Journal, a special edition by Trader’s Journal magazine in Nov 2007.

The author is Toni Turner.  A popular speaker in the financial arena and the best-selling author of A Beginner’s Guide to Day Trading Online and Short-term Trading in the New Stock Market.

  • Toni Turner discusses her market checklist designed to evaluate market conditions and two market set-ups for trading stocks. Using these tools as the foundation of a trading plan could greatly improve your chances of trading success:

When the opening bell rings each morning, do you feel calm and confident or do you feel apprehensive and overwhelmed?

With thousands of financial Internet sites to research, hundreds of new financial products to trade, economic news coming from all directions and the heady bubbling of global markets thrown in, it is no wonder that the opening bell finds many traders immersed in uncertainty.

General Risk Warning for stocks, cryptocurrencies, ETP, FX & CFD Trading. Investment assets are leveraged products. Trading related to foreign exchange, commodities, financial indices, stocks, ETP, cryptocurrencies, and other underlying variables carry a high level of risk and can result in the loss of all of your investment. As such, variable investments may not be appropriate for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should become aware of all the risks associated with trading, and seek advice from an independent and suitably licensed financial advisor. Under no circumstances shall Witbrew LLC and associates have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to investment trading or (b) any direct, indirect, special, consequential or incidental damages whatsoever.