To tough it out in a marriage when things get difficult it takes faith in your spouse. It takes faith to stick with a career when at the beginning it seems like you are not being paid fair... Read more
What wins championships in football? It is said to be a great defense is the main component of a championship football team. In football you win by scoring more points than the opposing team... Read more
Trading is all a manner of taking a position because you believe the odds are on your side and that it will move in your favor and you will make money. That is what the stock market is all a... Read more
The markets are no place to be unsure of yourself and be wishy-washy. It’s not a place for second guesses, wishing, hoping, or gambling. If you want to win in this jungle, you... Read more
A book review for: TREND COMMANDMENTS by Michael Covel This book is based on the author Michael Covel’s extensive 15-year study of the world’s top trend following traders such as Ed Se... Read more
The trend is your friend until the end when it bends. -Ed Seykota A little Trend Trading When you have an edge in your trading system your wins and losses will be distributed at random. You... Read more
In trading, money is simply made by making more money when you are on the right side of the trade than you lost when you were on the wrong side. That is rarely understood. Even many of the... Read more
Try, Try, again. It is important in trading to never get overly discouraged with consecutive losses or draw downs in equity, this is a normal part of the business. I once had a 50% draw down... Read more
Decisions, Decisions, Discretionary Trader vs. Systematic Trader Discretionary Traders trade information flow, while Systematic Traders trade price flow. While discretionary traders are busy... Read more
Trading is an evolution of self and system. -Jonathan Keag Contrary to popular belief, the key to success in trading is not: a huge ego hot stock picks knowledge of the fundamental drivers o... Read more
