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 eCourses to master the vocabulary and basic vocabulary. Read the best trading books of all time. Study the greatest traders of all time. Research […]
New Trader Blueprint To Profitable Trading 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. It is not about predicting the future, making a great call, or any one big trade, it is all about the math. Here is
Profitable Trading Step by Step 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 sample size. This formula considers the cost of slippage, fees, and any commissions paid. The profit factor can be defined
What is a Profit Factor in Trading? 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 accepted foundation of beliefs that a theory, process, system, or methodology is based. Profitable trading comes from using the
The First Principles for Profitable Trading 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 math not predictions and opinions. Here are the ten mathematical paths to profitability: Have a high winning percent where your winning trades and losing trades are similar
10 Paths to Profitable Trading 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. If you have been trading for awhile, but have not been profitable, these tips can help you stop losing money. Start trading the price
Start Doing These Things To Make Money 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 logical, informed trading decisions within their system, based on the probabilities. They avoid the trap of trying to make perfect trades, and
13 Things Successful Traders Do Differently Read More »
