Where do you begin when you want to start trading the markets? I believe homework is crucial, reading, chart studies, historical prices, risk management, trader psychology, learning from the success stories and professional managers are all key areas to cover. Below are links to some great interviews by top traders that explain their principles of […]
Five Great Sources For Free Trader Education Read More »
There are many trading principles that are common among successful rich traders. It is important to learn the things that allow them to win so we can follow in their footsteps and make money. There are 10
10 Things A Trader Needs to START DOING if They Want to Make Money Read More »
In Fullerton’s, there were the usual crowd. All grades! Well, there was one old chap who was not like the others. To begin with, he was a much older man. Another thing was that he never volunteered advice and never bragged of his winnings. He was a great hand for listening very attentively to the
It’s A Bull Market, You Know! Read More »
This is a great book on trading because it does not examine just one topic in trading it brings together all the areas of trading one must master in the markets and shows the reader how to turn it into a complete trading system. This book points out that technical
Beyond Technical Analysis: A Winning Trading System Read More »
We are so focused on adding to our trading arsenal with knowledge, books, chart patterns, indicators, moving averages, gurus, securities for our watch list and what ever else we believe will help us make money we forget what we need to remove from our trading routine that does not work. One of the
10 Things A Trader Needs to Give Up if They Want to Make Money Read More »
At some point traders should have that break through day where they are tired of losing and ready to start making money. There should be a day where eyes are opened that what we were doing was just not working. We are ready for change, we are ready to listen, and learn. We
That Day The New Trader Wakes Up Looks Like This….. Read More »
Friday was one of the wildest days I have seen in a very long time, it was hard to determine which head fake was the real move even into the last hour traders were wondering if we would roll over. I have been bearish in recent weeks playing puts off the 50 day line in
7 Signs The Bulls Are Now Winning $SPY $IWM Read More »
Learning to trade is a process, and it is same for everyone. The traders that think they are exceptions to the process of trading education generally learn the hard way that they confuse bull markets for genius or market conditions for skills. It is easy to lose or make money in the markets,
The Five Key Lessons That Give New Traders An Edge Read More »
Some days I wish I could travel back in time 15 years and teach myself what I have learned in the markets the hard way. I was fortunate to make money early on with the benefit of the nineties bull market, I just wished I would have known then how to keep all
10 Things I Wished I Knew When I First Started Trading Read More »
Source Article: Expectancy Positive Expectancy: A system (or game) that will make money over the long term if played at a risk level that is sufficiently low. It also means that the mean R-value of a distribution of R multiples is a positive number. If you’ve read any of Dr. Tharp’s books, you know by
Positive Expectancy Model: It Will Make You Or Break You As A Trader Read More »