Thou Shalt Follow the Trend
A book review for: TREND COMMANDMENTS by Michael Covel This book is based on the author Michael Covel’s extensive 15-year study of the world’s top trend following traders such as…
You win some you lose some
The trend is your friend until the end when it bends. -Ed Seykota A little Trend Trading When you have an edge in your trading system your wins and losses…
What makes Money?
In trading, money is simply made by making more money when you are on the right side of the trade than you lost when you were on the wrong side.…
When at first you don’t succeed….
Try, Try, again. It is important in trading to never get overly discouraged with consecutive losses or draw downs in equity, this is a normal part of the business. I…
Your Opinions or A Proven System?
Decisions, Decisions, Discretionary Trader vs. Systematic Trader Discretionary Traders trade information flow, while Systematic Traders trade price flow. While discretionary traders are busy trying to digest what fundamental news and…
You Are Not Your Trade
Systems don’t need to be changed. The trick is for a trader to develop a system with which he is compatible. -Ed Seykota Traders can make psychological mistakes that can…
Build-a-Trader Workshop
Trading is an evolution of self and system. -Jonathan Keag Contrary to popular belief, the key to success in trading is not: a huge ego hot stock picks knowledge of…
New Trader, Rich Trader Interview
Interview where I discuss my humble beginnings in stock trading and how I learned some hard lessons as a new trader. I also discuss my book ‘New Trader, Rich Trader’.
