The 12 Requirements for Profitable Trading

New Trader 101

The right mindset Your have to be able to manage your emotions. You have to have faith in your ability to trade your plan with discipline. You have to do enough homework that you will have faith in your system and your prospects of being profitable. You must manage your stress so you don't make mistakes because of mental wear and tear. The management of … [Read more...]

You Don’t Know Where the Market is Heading!


This is a GUEST POST by Bob Loukas. Follow him  on Twitter here. I’ve been of two minds recently regarding the current Cycle picture in equities. So this week, I focused more attention on finding secondary evidence to support a more definitive position on direction. As I suspected it might, my research provided an almost endless array of contradictory evidence and … [Read more...]

The Life Cycle of the Typical Trader

The Life Cycle of a Trader

This is a GUEST POST from Rolf @Tradeciety. The exciting start Do you remember how you got started in trading? Everything seemed possible, and you were ecstatic about the possibilities that trading offered, but what happened afterwards? This article will help you understand the different phases almost all traders will go through, why they are stuck in the same routine, and … [Read more...]

DK1 @canuck2USA Says Read These Books


With so many people on Twitter looking for a trading book or book recommendations by @canuck2usa, I have decided to compile a list of his tweet recommendations. I have read many of these myself, and they are truly some of the best. These are a great mixture of Elliott Wave, options, momentum trading, psychology, risk management, and rich trader methodologies.    The Bible of … [Read more...]

Tradeshark Software Review: Jack Schwagers Technical Trading Tools

Jack Schwager has personally interviewed the greatest traders of our time. He has published several timeless classics, among them my favorite trading book of all time "Market Wizards". I was thrilled when I heard that Mr. Schwager had developed his own technical indicators, and they were available through TradeShark was generous enough to set me up on their … [Read more...]