Trading successfully requires certain traits. When examining top traders, essential qualities emerge. Based on insights from the wealthy and successful traders featured in the books by experts like Jack D. Schwager and Michael Covel, this post will cover three indispensable traits for trading excellence: discipline, risk management, and continuous learning. For those seeking trading mastery, …
Navigating the intricate world of stock trading can often feel overwhelming, but traders can find clarity and direction with the right tools, such as moving averages. This guide delves into the nuances of these essential technical indicators, shedding light on their significance in both short-term and long-term market analysis. Whether you’re a novice trader looking …
Embarking on the journey to become a stock trader can be exciting and daunting. With the allure of financial gains and the challenge of market dynamics, many are drawn to explore this lucrative realm. In this guide, I’ll break down the six steps to becoming a stock trader, providing you with a roadmap to navigate …
“Trading” and “hard” are words many novice traders often find synonymous. The intricate dance of numbers, charts, and emotions can be overwhelming. However, the complexity of trading began to become more simplified for me when I delved deeper into three pivotal concepts. In this article, we’ll journey through these transformative insights that shifted my perspective …
Trading Was Hard Until I Understood These 3 Concepts Read More »
I’ve always been fascinated by the best traders in history. Trading is my favorite professional sport. It piqued my interest when I first heard about the Turtle Trading System. You see, it’s a trend-following trading system created by Richard Dennis and William Eckhardt in the 1980s. They wanted to prove that anyone could learn to …
The book Trade Like a Casino by Richard Weissman first explained using the casino paradigm for trading. His book has been one of the most influential books in my trading career. Let me explain what he taught me in his book. It’s commonly thought that traders are nothing more than gamblers; this is not true …
Trading can be exciting and lucrative for those who take it seriously and approach it with the right mindset. However, it can be a frustrating and costly experience for many new traders, leaving them with little to show for their efforts. Based on several brokers’ studies, as many as 90% of traders are estimated to …
Trading the markets can be a profitable way to grow your investment capital, but it can also be risky if not done correctly. One of the keys to successful trading is having a set of criteria to evaluate each potential trade. This article will outline a five-step test that you can use to determine if …
How do you become a profitable trader? A trading system with a positive expectancy is the fastest path to profitable trading. A trader’s focus should not be on predictions, stock picking, opinions, or being right all the time. The best focus is creating a quantified system with a repeatable edge that creates small wins, big …
A Beginners Guide to Trading: All You Need to Know to Get Started Read More »
Trading can be a complex and challenging endeavor. It requires a combination of technical knowledge, emotional control, and patience. For those new to trading, knowing where to start and what to focus on can be difficult. In this blog post, I will share five golden tips I wish I knew before trading. These tips will …
5 Golden Tips I Wish I Knew Before I Started Trading Read More »
