Archive for category: Money management

35 Top Destroyers of Trading Capital

22 Dec
December 22, 2014

  When I asked my Facebook trading group what was the cause of their biggest trading losses, no one had any trouble remembering those painful and valuable lessons. These top 30 insightful answers will benefit new traders and provide a nice reminder for those with more experience. “What was the cause of the biggest draw […]

Starting a Trading Business

20 Nov
November 20, 2014

  If a new trader wants to be a successful, they will need to treat their trading like they would operate a profitable business. Many traders lose a lot of money by approaching trading like it is a hobby. In trading, making money is the goal, and must be kept at the forefront of a […]

10 Trading Mistakes: Are You Guilty?

07 Oct
October 7, 2014

  Are you trading without a plan? Trading without a plan makes you emotional and a gambler. Do you ever trade too big for your trading account size? Big trades are bad trades for the emotional engagement and risk of ruin that they entail over the long term. Do you risk losing more if you […]

5 Quick Tips For Risk Management

25 Sep
September 25, 2014

  Days like today really see who is managing risk and who isn’t. Always remember if you have big winning days and trades that are disproportionally large percentage wise then the odds are that you are also exposed to the downside risk of an equal magnitude. Here are five quick tips for risk management for […]

12 Biggest Trading Losses Ever

06 Aug
August 6, 2013

    If you are feeling down about your trading losses, or feeling sorry for Ackman’s current disaster trades long J.C. Penney and short Herbalife, then this article may put both of these losses into perspective. These losses show how crucial it is to have a price level that will indicate that you were wrong […]