What trips up the vast majority of traders, so they never quite make the transition from new trader to good trader? Not being able to deal with the stress of trading. This is caused primarily from a lack of faith in themselves, and or their method. They lack the ability to pull the trigger […]
Successful Trading: How to Put it All Together Read More »
Everyone has heard to “Let winners run and cut your losers short” but what does that mean? The core of this statement is positive expectancy. If you trade a system that has a positive expectancy then you will make money the same way that casinos make
The Missing Key To Trading Success That Few Understand Read More »
Here are seven reasons why being on twitter, facebook, stock twits, Linked-In, tumblr, YouTube, Amazon, and Google+ may be a very valuable use of our time as traders, if we are doing it right. Trading Buddies: Traders primarily come to social media for camaraderie. Today’s trading from home leaves a void that use to
7 Good Reasons Why Traders Should be on Social Media Read More »
When I have a string of losses I pause and reflect and ponder if it is me trading badly or just the market environment not being conducive to my trading method. Here are 10 questions we will do well to ask ourselves at times when we seem to be out of synch with the market.
10 Questions to ask ourselves when our trading sucks Read More »
In the past few years on social media I have met some great traders, professionals, and trading teachers. I have had the privilege of interacting with many of my favorite authors, traders, and money managers. This has been amazing to me and I have learned a lot. I am troubled though of the flood
The 10 Warning Signs that a Trader May Not be Real on Social Media Read More »
The good news for bulls is that the world’s most obvious 50 day bounce happened that triggered the re-entry of traders to the long side and the short covering from bears once their target was reached and reversed. The SPY also overcame the pesky 10 day sma that had acted as resistance for 9 out
My Quick Thoughts on Three Important Charts $SPY $AAPL $GOOG Read More »
Trading is not all about just stock picking, it is not just about a winning system. Yes, first you have to understand how to trade and put the odds in your favor of winning, but that is not enough. You must also add in risk management so when you lose several times in a
How to trade in 3D Read More »
These is one of the key trading lessons that really helped me understand risk management long ago. This is one of the keys to successful trading, viewing risk as your metric for trading. This article was originally published on the Van Tharp Institute’s Web Site. Risk and R-Multiples Knowing when you’re going to exit a
A Market Wizard on Risk Management Read More »
Traders repent of your sins. At least that’s the message that Ruth Barrons Roosevelt preaches in her book “Overcoming 7 Deadly Sins of Trading“. If you want to be successful in trading you must overcome the desires of the ego and the quest to be right. You must give up your own endless pursuit to prove
Overcoming the 7 Deadly Sins of Trading Read More »
Here we go coming up on the test of the 50 day simply moving average in the market measuring SPY ETF. Bottom fishers and swing traders are waiting to buy at this level that has held up well for the whole year. Many long term trend followers are waiting to sell with a confirmation
Why Tomorrow Could be Judgement Day for $SPY Read More »
