Trading is not all fun and games. We do not make money on every trade. It is not like other careers or jobs where you work and then get paid. Our pursuit is more like the life of an entrepreneur. Our idea may work or it may not. The […]
How New Traders Can Limit Their Pain Read More »
Do you use moving averages in your trading? If not, you are missing one of the very best indicators. Moving averages are powerful because they give traders a view of the market’s or stock’s trend in the moment. Including its volatility, along with possible
My Favorite Indicator Read More »
On this Labor Day when many are off work for a paid holiday I am working, looking at charts, planning, thinking and reading. Pondering what Tuesday trading may bring. Trading is NOT the path to easy money nor free money. Trading is work and a profession like any other, traders
10 Ways to Labor Towards Trading Success Read More »
Here are my thoughts on the top three stocks on my watch list. But be aware I trade a very fast time frame and could change my opinion at the open Tuesday if prices move strongly through support or resistance that changes what I think the stock
Three Charts: Here is What I See Read More »
While Babe Ruth was not a trader he was the greatest home run hitter to ever play baseball for many, many years until Hank Aaron finally beat his record. I think it is appropriate to look at Babe Ruth quotes for trading because many of the most profitable traders of
If Babe Ruth was a Trader…. Read More »
You just can’t beat the person who never gives up.” -Babe Ruth You can read trading books until you are blurry-eyed, you can spend thousands of dollars on seminars, you can try to get successful traders to give you the secret sauce of trading and the holy grail. But, in the end it is simply
The 10 Steps to Trading With Mojo Read More »
Discretionary Traders Vs Systematic Traders In the classic Star Trek movies and television show Captain Kirk believed in his abilities to make the best decisions in the circumstances he found himself in. Mr. Spock contrasted against Kirk’s leadership style by using logic and reason along with probabilities of success to make the best
Do You Trade like Captain Kirk or Mr. Spock? Read More »
Do you want trading success bad enough to read one hundred quality trading books? Do you want it bad enough to review charts for hours? EVERY day? Do you want it bad enough to find the right mentor to help you in your trading quest? Will you attend the right seminars if you need to?
Trading Success: How bad do you want it? Read More »
Apple is at $610 you believe it will go to $680 in a month, instead of buying at $610 you want to buy on a pullback to $600, the pull back never comes and you just watch it go to $680 with no position. Apple is at $675 and you
3 Ways to Lose Money when you are Right, but your Trading is Wrong Read More »
If you are a longer term trend follower and there is a long term trend, then you make money. If you are a shorter term trend follower and their is a trend in your trade you make money. Swing traders make money in range bound markets. Value investors make
Trader: Meet Thy Judge Read More »
