I had entered the limit sell order and forgot to enter the protective buy stop and profit target like I normally do, oops!!

Have you ever wondered why the percentage of people who fail at trading is so high?

The goal for most traders is consistent profits; life-long income from speculating in markets.

Consistent low risk profits from trading and investing is a challenge many millions of people take on, yet only a select few are ever able to attain.

"I was told we are not supposed to trade the open."

Often, you come into a trading day looking for opportunities, only to find that there is nothing quality and all the good supply and demand levels are far from current price, which leaves the perception that there is not going to be anything to do for a while.

Occam's Razor is a scientific principle that suggests the simplest answer is typically the right answer.

Proper Knowledge is Power in trading; this means making money if you have it and losing it if you don't.

As we enter 2011, there are some potential major market turning points to be aware of.