Taking profits Calculator - Calculate your stop-loss exits

Decide at what percentage you will take profits. Most people cannot stick to rule #1. Winners cut their losses short and move on to the next trade. They hold no grudges against any security. Losers hold on to falling stocks mostly because of psychological issues until making a rational decision has long since disappeared from their psyches.

Fibonacci Calculator - Calculate Fibonacci Retracements for Up and Down Trends.

Fibonacci numbers are based upon the Fibonacci sequence discovered by Leonardo de Fibonacci de Pisa (b.1170- - d.1240). Although the numeric series was devised as the solution to a problem about rabbits, the concept generally relates to all natural cycles of growth and decline.

Options Calculator - Calculate your options trades

A simple money management system in consolidating markets is to sell all of your options (at the market) once the underlying common stock reaches or exceeds the assigned target price. A simple money management system in trending markets is to sell half of your original option position as soon as your option price doubles (incl. commissions).

"Don’t worry about what you THINK the market is going to do; worry about what you are going to do in response to the market."

The market professionals, the specialists on the floor of the exchanges, don’t spend their time thinking about where the market might be going. They base their moment-by-moment trading decisions on current market actions.