Beginner Traders Archives

6 Steps to Start Stock Trading Successfully

So, you want to start trading the stock market but where do you begin? We all need to start somewhere, both from an educational standpoint and the actual ‘doing’ part. Unfortunately there are a myriad of choices and Monday Morning Quarterbacks willing to collect on the excited yet unsuspecting new trader. Back when I started […]

Commission Drag; Managing Your Trading Expenses

Commission drag is often an unknown factor for new traders. However it is essential and any professional trader will be able to tell you their figure. So what is commission drag? It’s the cost of trading. Like any business you need to assess all revenue and expenses to determine if you’re on the road to […]

ASX Opening Auction

Ever wonder if a large trade will influence the ASX Opening Auction or share price? This is a common question from new members of The Chartist: Will their trades, or the trades of all Chartist members combined, influence or move the market? In his recent newsletter, Nick Radge answered this specific question from Steve […]

Trading Capital: Think Outcome Before Input

Trading capital: how much money do I need to start trading? We hear that some 95% of traders fail. Whether that’s true or not I don’t know, but it is recognised that the vast majority of new traders fail. The ‘why’ is probably for a number of reasons, including lack of strategy, lack of discipline […]

About the ASX and US Power Setups®

The Power Setups® are The Chartist’s short term trading strategies for the ASX and US stock markets. We have several strategies within the Power Setups® to choose from including the popular Dividend Momentum Strategy. The average hold period for these trades is 3 to 10 days. In this brief video Nick Radge explains how to […]

Understanding the Power Setups®

Understanding the Power Setups Now You can Tap Into The Moneymaking Power Of The Most Successful Traders In The World A World Renowned Short Term Trading Strategy Billionaire J. Paul Getty was once quoted as saying: “If you want to get rich, just find someone making lots of money and do what he’s doing.” And […]

Don’t Believe The Rumours – Size Does Matter

When it comes to risk management there are two rules: The Timid Trader Rule – “If you don’t risk very much, you don’t make very much.” and The Bold Trader Rule – “If you risk too much, you go broke“. There are a few other guidelines which we’ll discuss below, but the question for now […]

When you're starting to trade you need good advice

I’m ready to start – I’m a complete beginner

Question from a New Trader: I am now in a position to start trading but am a complete beginner. I have allocated $20,000 to trade with. Which broker should I use? Do I need to buy software? How do I begin? I am fully employed so have little time. Answer These are good questions to […]

Trading Fears: There’s A Monster In The Bed

Trading fears are similar to childhood fears. I remember when I was very very young I’d hear noises in the night. I’d do ‘the walk’ – you know the one that all 4 year olds do. Sprinting down the hall to your parents room and safety from the monsters lurking outside. I’d stand at the […]

Successful Stock Trading by Nick Radge

Successful Stock Trading A Guide to Profitability By Nick Radge Successful Stock Trading e-book is designed to show you an alternative way of looking at profitability and your own trading. I specialize in risk management and systematic trading strategies. While systematic trading may sound complicated to the new trader, it simply means a strategy that is defined by […]