Seeing signs of the beginning of a down trend is a great skill to develop before you are sitting with a 20% decline or more in your  trading/investing accounts while holding what were market leaders but are now spiraling downward. The key... Read more

Trading is a very complex undertaking and if you miss one element you will likely eventually fail  in this endeavor. Here are the four different elements we must have working for us for success in trading: The Knowledge If we don’t do the... Read more

   Draw downs are not a statement about ourselves or our  trading they are just part of the game. A draw down is just part of getting to our expected returns. If we want a 50% return a year there is a good chance we will experience a 20% draw do... Read more

One of the most important things that successful traders know is when not to trade. It is just as important to know when to stay in cash as it is to know what a correct entry looks like. Some of the best calls I ever made in my trading career wa... Read more

  The hardest thing about trading is not the math, the method, or the stock picking. It is dealing with the emotions that arise with trading itself. From the stress of actually entering a trade, to the fear of losing the paper profits that you a... Read more

 There is more than just one way to blow up a trading account. Traders can blow up mentally, emotionally, financially, through an out of control ego, or a refusal to admit when they are wrong. There are many paths of destruction that a trader ca... Read more