First principles thinking inverts complex problems to look at each step in a process or system. It seeks to find errors as places for improvements by looking at the most basic principles tha... Read more
Profitable trading is simply making more money on your winning trades than you lose on your unprofitable trades. Profitable trading is not about being perfect and making money on every trade... Read more
A good trader should improve with every trade. The focus for any trader should just be to make the next trade a good trade. Profitable trading comes from stringing together a lot of good tra... Read more
Most new traders never make it through the learning curve and traders that are successful early on at making money only discover that they were lucky and did not have the skill they thought... Read more
The profit factor for a trader or trading system is determined by taking the gross profit of winning trades and dividing it by the gross losses from the trades that lost money for a chosen s... Read more
What is Positive Expectancy? The closest a trader can hope to come to a “Holy Grail” of profitable trading is a trading system with a positive expectancy. A trader’s focus should not b... Read more
If you are losing money in the markets or having a large drawdown in capital it could be a good idea to go back and return to first principles. First principles are the core concepts or acce... Read more
The fact that most traders don’t make money in the markets is no different a statistic than other fields. The majority of high school football players don’t go on to college sch... Read more
This is a Guest Post by AK of Fallible. In this video, we’re going to talk about 5 reasons why traders lose money in the stock market. We’ll also be covering different ways you c... Read more
While there are many ways to make money in the markets from long term buy and hold investors to day traders in Forex there are some common traits that emege after studying both succesful tra... Read more
