Successful traders have to be very rigid and stubborn in some areas and yet flexible and quick to admit when they are wrong in other areas. Knowing when to be open minded and when... Read more
Once you have had success in the markets with trading it is hard to give up and go back to your life before. The first time you make your weeks pay in one hour with your trading ac... Read more
A trader’s number one job is NOT: Stock Picking Chart Reading Trend Following Entries Exits Understanding the market environment Managing Emotions Managing Ego A Robust Metho... Read more
This blog post came from a discussion in my facebook trading group. It was originally shared by Vivek Ravindra Hardikar. He read this story in the starting part of a fine book on P... Read more
Trading is more about the trader than the markets. The markets are neutral; they have no agenda and no evil plots to take your money. Each random entry has a 50% chance to w... Read more
I have grouped my best blog posts of the past under different topic areas. Each blog title is a link to that blog post. Risk Management Risk Management in 1 Lesson 7 Things... Read more
Guest post by GG Finances This year American’s New Year gift will be delivered directly from Democrats, and basically on behalf of Obama, who planned the cuts in the b... Read more
Reading Nicholas Taleb’s newest book Anti-Fragile really got me thinking about how traders are broken. Traders can become fragile and be broken in several ways: They can quit... Read more
This is a crucial time to remember the 1% rule in this current market environment or better yet stay in cash until a trend emerges. The very first rule we live by is: Never risk mo... Read more
