One thing that trips up new traders is that they are surprised by the emotions they experience when they start trading with real money. Their ego engages and they don’t want to be wrong, more than they want to win over time. In my opinion, trading is primarily won or lost in the mind. […]
Powerful Emotions of a Winning Trader Read More »
We are like snowballs that roll along, building size and momentum as we go. Winning leads to more winning; money creates more money. Equally, a negative sequence of events can lead to a trader’s mental ruin, as their thoughts skew to the negative. Below is a list of mental behaviors that can take
A Trader’s Downward Spiral Read More »
The question is: “Where will your account be with a string of 10 consecutive losses?” Some traders will be out of business, others will be down 10% from their equity peaks. The truly naive or arrogant trader will think that 10 straight losses will never happen to them. Even with very high winning percentage system
7 Steps for Surviving a Drawdown Read More »
The market as a whole has slipped into a slower trading pace as summers wind down. Failure to make higher highs has disappointed many bulls. Some individual stocks have also frustrated many traders with wild volatile action like $AAPL failing at the 200 day, $PCLN rejected hard as it approached the $1,000 level, $FB
10 Fast Facts about the $SPY Chart & Leading Stocks Read More »
Social Media is a fun place for traders to interact with other like minded traders, but there are many people online that for whatever reason want to try to spoil the fun. They always bring a negative wake wherever they go. They are more interested in tearing people down than adding value to
The 10 Common Habits of Trading Trolls Read More »
Most of the best years that most of the “Market Wizards” and the best traders that I know had were around 100% annual returns. That usually happens in unique environments perfectly suited for a traders specific trading method. Momentum stock traders during the internet bubble and leveraged trend followers using options of futures that are
The 100% Return Employees May Be Missing Read More »
With this new frontier of Social Media we are the first to explore it and see what it really means to the world. To me being involved on Social Media gives me a chance to connect with great traders from around the world, both those seasoned traders I can learn from and those
You Might Be Following a Fake Trader on Social Media if….. Read More »
After 300+ trading books and over a decade of trading the stock market and extensive study I have been fortunate enough to have accumulated some nice profits. I have many things that I have decided on in my trading. I am a discretionary rule based trend follower. I have found that I have a knack
My Ten Trading Teachers Read More »
If you are currently feeling down about any personal trading losses then this article may put these losses into perspective. These losses show how crucial it is to have a price level that will indicate that you were wrong and will need to stop out at. There is no reason to ever take a huge
12 Biggest Trading Losses Ever Read More »
After finally having some real earnings growth numbers facebook has started down the road to showing the world that it can be the big winning stock of this decade. It is not just another website or social media fad, it is a whole new form of communication that is changing the world each day.It is
10 Reasons Why Facebook’s Up Trend Is Just Getting Started Read More »
