Archive for category: Risk Management

Turkeys & Risk Management

27 Nov
November 27, 2014

    There is a story in the book Anti-Fragile  of a turkey that is fed for 1,000 days by a butcher, and every day confirms to the turkey and the turkey’s economics department and the turkey’s risk management department and the turkey’s analytical department that the butcher loves turkeys, and every day brings more […]

Capital Preservation: 10 Trading Tips

21 Nov
November 21, 2014

  As a trader, your #1 goal is to keep your current trading capital safe and secure. Your goal as a a trader is to make money and not lose money. Many new traders lose their trading capital in the first year, but these ten tips will help you keep your capital intact so you […]

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 […]

8 Easy Ways to Blow Up Your Account

23 Oct
October 23, 2014

  Almost everyone has read the statistic that 90% of active traders are not profitable and eventually quit trading. While I don’t have the exact numbers, I suspect that a lot of those traders blow their entire trading account before they quit. Even many legendary traders like Dan Zanger, Nicolas Darvas, and Alexander Elder lost 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 […]