Many new traders entering the trading game can’t get the right answers because they aren’t asking themselves the right questions. Much of the success traders experience is attributable to how well they know themselves. This insight for you will come from the quality of the questions you ask, and how honest you are willing […]
10 Things A New Trader Should Know From the Start Read More »
“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.” – George Soros Looking at the below chart you will see that the bigger your wins are versus your losses the lower your winning percentage can be and you
Why Big Wins & Small Losses = Profitability Read More »
Here is the inconvenient truth about successful trading. It’s work. Trading is more than just numbers — it is a three dimensional fight that rages primarily inside the traders themselves. Missing any crucial element can ruin a trader quickly. The trader must first develop a robust trading system that fits their own personality and risk
30 Of The World’s Best Trading Rules Read More »
$AAPL in 2015 $AAPL has 3 analyst ratings in the last 7 days and 100% are positive. Median target: $143 (30% upside). All Analyst Average Ratings & Target Prices Short Interest Rises in Apple (AAPL) Friday’s Notable Options Activity: $AAPL PCs Grow 1% in Q4, HP Notches Big Gains, Followed by Dell, Lenovo:
8 Informational $AAPL Links Read More »
$SPY broke out above the 50 day sma on Thursday: In the past 4 years after $SPY crossed over the 50 day, 5 days later there were 21 wins/8 losses Average win 1.6% average loss -1.33%. $SPY bounced and regained the 50 day by the end of day on Friday. $SPY is above the
10 Fast Facts: $SPY Chart 1/11/15 Read More »
Trading Psychology and the Risk of Ruin Why The Trading Industry Fools You About Technical Analysis Wall of Worry is up High for 2015 Two Benchmarks for Momentum Trading Twitter: Quality Follows
5 Top Trading Articles 1/10/15 Read More »
Not Bearish..to clarify if you didnt understand the tweet "If we do not Hold" that means on a closing basis not some random noise MM BS — DK1 (@canuck2usa) January 9, 2015 I'll leave it at this: Trading is about finding good r/r setups..means odds in ur favor…doesn't mean u can't lose. Good odds is
Top Tweets of the Week: 1/9/15 Read More »
“Losing a position is aggravating, whereas losing your nerve is devastating.” – Ed Seykota In my experience there are three components of trading that have to be managed correctly for the trader to be successful. There is risk management, system management, and mental management. I believe that the majority of the 90% of traders
The Risk of Mental Ruin for Traders Read More »
With all the fancy charts, fundamental analysis, and experience with price action, you would think that the majority of traders would be profitable. The sad fact is that most are not successful. The majority of all traders contribute to the profits of the minority that are profitable. Even seemingly successful firms like Amaranth and
10 Reasons Traders Lose Money In The Market Read More »
Among the mistakes of the new traders that never make it to profitability is the fact that they never develop a filter to enable them to see what really matters in the financial markets. Much of what a new trader is exposed to is just pure noise. Noise does not lead to making money, it
Focus On Signals & Tune Out Noise Read More »