http://michaelglass.com/blog Successful Trading is about the right Mindset and not technique or market knowledge Tue, 02 Sep 2008 12:25:44 +0000 http://backend.userland.com/rss092 en Effective Trade Plans delivered daily from AccendoTraders.com. Here is our video technical analysis trade plan for Sunday, August 31st. The theme remains the same.  Where is the volume?  Well, now that the Labor Day Weekend has past, will we see traders get back into the market.  Will a trend finally begin ... http://michaelglass.com/blog/index.php/2008/uncategorized/accendo-traders-weekend-wrap-up-trade-plan-for-sunday-august-31st The stock market attracts a lot of people because they think they may be the lucky ones to pick the right stock or stocks and hit it rich quick. In some cases, that has happened and probably will happen again. If you purchase an individual stock and hold it long ... http://michaelglass.com/blog/index.php/2008/trade-plans/using-routines-to-produce-consistent-trades Effective Trade Plans delivered daily from AccendoTraders.com. Here is our video technical analysis trade plan for Sunday, August 24th. Oh Where, oh where did our Volume Go.  Oh where or where could it be.  Yes, the volume for the month of August has dropped off considerably since the beginning of the ... http://michaelglass.com/blog/index.php/2008/trade-plans/accendo-traders-weekend-wrap-up-technical-analysis-trade-plan-for-sunday-august-24th Effective Trade Plans delivered daily from AccendoTraders.com. Here is our video technical analysis trade plan for Sunday, August 17th. The market paused last week to digest it's 7% move off the July low.  We also have the resistance of the 50 XMA for the DOW and we are just above that ... http://michaelglass.com/blog/index.php/2008/trade-plans/accendo-traders-weekend-wrap-up-technical-analysis-trade-plan-for-sunday-august-17th DOS: 1) Be patient--don't just dive into a trade 2) Develop a proven strategy--don't just trade blindly 3) Trade what you know and understand--if you cannot explain it, why trade it? 4) Check the daily news on your stock before you trade--stay informed on upgrades/downgrades/earnings etc... 5) Do a quick risk/reward analysis before you place ... http://michaelglass.com/blog/index.php/2008/day-trading/20-dos-of-successful-day-traders Effective Trade Plans delivered daily from AccendoTraders.com. Here is our video technical analysis trade plan for Sunday, August 10th. The market continued its roller coaster ride this week. The Dollar Rallied early in the week as we saw the easy long play on Euro begin to wind. Even after ... http://michaelglass.com/blog/index.php/2008/trade-plans/accendo-traders-weekend-wrap-up-trade-plan-for-sunday-august-10th Effective Trade Plans delivered daily from AccendoTraders.com. Here is our video technical analysis trade plan for Sunday, August 3rd. The market has put in the first higher low in a long while.  We are once again in the short term caustiously bullish; however, remember we still have strong resistance of the ... http://michaelglass.com/blog/index.php/2008/trade-plans/accendo-traders-weekend-wrap-up-technical-analysis-trade-plan-for-sunday-august-3rd Just as your pre-market routine is critical to your trading success, your after-market routine plays an equally important role.  Although after hours trading isn’t as common (due to lack of liquidity), the most important thing you will do is evaluate the days performance.  This will allow you to record all ... http://michaelglass.com/blog/index.php/2008/trade-plans/developing-your-after-market-routine Effective Trade Plans delivered daily from AccendoTraders.com. Here is our video technical analysis trade plan for Sunday, July 27th. The market failed to continue its upswing.  Many would say that the market just moved too fast and too far; however, those who watched our videos know that it was simply a ... http://michaelglass.com/blog/index.php/2008/day-trading/accendo-traders-technical-analysis-weekend-wrap-up-trade-plan-2 Developing Your Pre-Market Routine   Once you have developed a trading plan that you are comfortable with, you will need to move onto developing your trading routines.  This is done in segments, first beginning with how you’ll start your day (pre-market) and how you’ll end your day (after-market).  Both routines will help ... http://michaelglass.com/blog/index.php/2008/trade-plans/how-to-develop-an-effective-pre-market-routine