The Wisdom of the Legendary Paul Tudor Jones
At 56, Paul Tudor Jonesis a self made billionaire with a net worth of 3.3 billion and is ranked as the 336th richest person in the world, he knows exactly how to trade the biggest money for the biggest returns. One of Jones’ earliest an... Read more
George Soros’ 10 Best Quotes
For a moment let’s put aside our personal opinions about George Soros and his politics and just look at what he has to say about how to trade successfully. On September 16, 1992 – later dubbed “Black Wednesday”... Read more
Survival Guide For Traders:Book Review
Bennett McDowell has written a very useful and insightful book for traders who want to get serious about their trading. . He takes the trader through every step they will need to consider when turning a favorite hobby into a money making busines... Read more
7 Easy Steps to Blow Up your Trading Account
You better be managing risks on days like today, when the Dow Jones Industrial Average rockets up almost 500 points due to announcements from central banks. Shorts were punished once again, not by the normal market functions of supply and demand... Read more
A Trader’s Emotional Indicators
How are you feeling? Were your palms sweating as you placed that last trade? Was your heart pounding the whole time you had the big trade on? Are you trading for excitement or to make money? The hardest part of trading is not math, it is not eve... Read more
Seventy two years ago, on Thursday, November 28, 1940, Jesse Lauriston Livermore, entered the Sherry Netherland Hotel where he took a seat near the bar and enjoyed a couple of old-fashioned. After an hour Jesse Livermore got up and went in the c... Read more
The Wisdom of Market Wizard Ed Seykota
Oh my! Europe may implode! The euro may become worthless! Many European countries could go bankrupt! Do I go long? Is this support? Do I short based on fundamentals, surely the market will be going lower, right? Do I scoop up hot stocks at a bar... Read more
Have you ever heard of the legendary Turtle traders? Legendary millionaire trader Richard Dennis set off to find out if traders were just born to trade or if they could be trained to be successful in the markets from scratch. The answer? If they... Read more
The Ten Best Things Ed Seykota Ever Said.
Arguably one of the greatest traders of all time with his trend following system. Charles Faulkner tells a story about Seykota’s finely honed intuition when it comes to trading: I am reminded of an experience that Ed Seykota shared with a group.... Read more
Driving the bus
Each market trend is generally driven by events and participants beliefs about what those events mean. Recently we have had Europe driving the market “bus”. The market rises and falls based on what the majority believes about the sov... Read more
