This is a guest post by PattensWizard on Twitter. “No one can predict the market consistently. It is all about odds, statistics, probabilities, and avoiding the risk of ruin.” – Henri Simoe... Read more
Here is the blueprint for a new trader to reach profitable trading step by step. Educate yourself on the basics of trading your market through reading online articles, books, videos, and eCo... Read more
Profitable trading is simply making more money on your winning trades than you lose on your unprofitable trades. Profitable trading is not about being perfect and making money on every trade... Read more
The profit factor for a trader or trading system is determined by taking the gross profit of winning trades and dividing it by the gross losses from the trades that lost money for a chosen s... Read more
If you are losing money in the markets or having a large drawdown in capital it could be a good idea to go back and return to first principles. First principles are the core concepts or acce... Read more
“There’s a million ways to make money in the markets, unfortunately they’re all very difficult to find.” – Jack Schwager Profitability in the financial markets is based on... Read more
There are many trading principles that are common among successful traders. It is important to learn their habits so we can make money. These 10 things can improve your results immediately.... Read more
They pursue realistic goals as their returns. They take decisive and immediate action when their buy or sell signal is hit. They focus on winning trades and not quantity of trades. They make... Read more
