New Trader

The Rich Dad, Poor Dad of Trading Books?

New Trader, Rich Trader has been called “The Rich Dad, Poor Dad of trading books”. I wrote this book after reading hundreds of books on trading and reviewing them all on Amazon. The purpose of this book was to combine the universal principles used by successful Rich Traders into one book. This book was given

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NewTraderRichTrader

Rich Trader’s 18 Principles for Trading Success

Here are the 18 principles of successful trading that I have learned from the study of rich traders and my own successful trading in the markets over the past 30+ years. Some of these principles will seem counter intuitive and may leave new traders scratching their heads until they fully understand what they really mean.

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The best pieces of trading advice

Here is some great trading advice I have gathered around the web. These were either answers from real traders to the question “What is the best trading advice you ever received?” Or it was advice given be successful traders when asked “What one piece of advice would you give to traders?”  There are some gems

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These Two Things Will Determine a Traders Success in 2012

Surprisingly winning traders success is not based on picking the right stock at the right time. Millionaires were not created from simply having a magic system for trading the markets. What is the secret sauce of long term successful traders? You might be surprised. #1. Having the right mindset to win in trading. (Trading Psychology)

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Answer These Questions Before You Trade

Ten Questions to ask Yourself Before Every Trade.

                                                                                                                                                                                                                                                                                                   If you are just randomly trading what you like with no real underlying system, method or planning then unfortunately your odds of success in the long term are slim. It is crucial that you create for yourself a system or methodology that enables you to trade in a way that historically wins, controls risk,

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