June 2013

BR UnivsPrinciples1

Penfold’s Universal Principles of Successful Trading

                                                                                                                                                                                                                                                                                                                                A book review for Brent Penfold’s book “The Universal Principles of Successful Trading: Essential Knowledge for All Traders in All Markets” This book is excellent for traders that are ready to accept its lessons. You need a foundation in trading to understand the importance of what the book is advising, and take the

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4 Dangerous Emotional Indicators

                                                                                                                                                                                                                                                                                                           Most traders are not undone by their method or system, but rather they are undermined by an internal struggle. Problems arise when the adrenaline starts pumping and emotions come into play; this is the time when bad decisions are made. Pride, Fear, Greed, and Hope are the most dangerous internal indicators to overcome. Pride

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3 keys success

Will You Make It as a Trader? You Need These 3 Things:

                                                                                                                                                                                                                                                                                                                   With all the silliness and noise around trading that happens online I thought I would clarify what I see makes the rich traders win in the markets. Whether they are a professional or trading their own account the markets leave many traders broken

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trader pain

My 10 Pieces of Advice For Any Weary Traders in This Market Environment

                                                                                                                                                                                                                                                                                                                                                                              

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SKills

Trading Book Review Of the Week: The Three Skills of Top Trading

                                                                                                                                                                                                                                                                                                This book is written about how three mutually reinforcing skills make a complete trader. 1). Pattern Recognition and Discretionary Trading. Using the Wyckoff method you will see chart representations of how hot growth stocks are accumulated in bases for long periods of time. They eventually have pull backs then break out to new highs

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