There are warning signs that a trader is going down the road road in a trade or in their trading in general. Traders have to go with the flow of the market, manage risk, and keep their mind open to actual price action. Departing from these principles […]
7 Warning Signs That A Trader Is In The Danger Zone Read More »
“The game taught me the game. And it didn’t spare the rod while teaching.” -Jesse Livermore Trading Losses: There are two types of losses, one loss is caused by the market simply not being conducive to the profitability of your system. The other loss is due to your lack of discipline, causing your system
A Trader’s 5 Best Teachers Read More »
AAPL – Buying In The Face Of Fear Guest Post By All About Trends All week under the chart notes on AAPL we advised subscribers the following: 10-1 Where is the “What Do I Need To See To Make Me Take A Trade”?, to which we’ll refer to as the
$AAPL – Buying In The Face Of Fear Read More »
#1 Trader Know Thyself The first step in a trader’s journey is to do some self reflection and learn their strengths and weaknesses—both internal and external. Do you love the action of day trading or would you prefer holding positions for long period of times letting a trade play out? You must pick a style
A Trader’s Journey: 7 Stepping Stones Read More »
There are young people in the market that are really bad traders and there is also old traders that are very good, but there are no old bad traders in the market because they went broke and gave up a long time ago. You might be a bad trader if………. …your primary method
You Might Be A Bad Trader If…… Read More »
“The financial markets generally are unpredictable. So that one has to have different scenarios… The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.” -George Soros While the longer term up trend is in place it is looking wobbly
The Good, the Bad, and the Ugly Charts Read More »
If you truly are serious about being a trader then there are seven things that you will have to accept. You will have to accept that over the long term at best only 60% of your trades will be winners. It will be much less with some strategies. Accept that the key to being
7 Things Each Trader Has To Accept If They Want to Trade Read More »
This morning one of the best short play stocks of the year gapped up on earnings and provided a new opportunity for beat up longs to get out with their shirts and bears a chance to get short at a much better entry price. I took the entry and went
The World’s Ugliest Daily Candlestick Read More »
Who is Dan Zanger? Dan Zanger is the modern day version of the legender trader Nicolas Darvas. His mother Elaine loved the stock market and Dan would often watch the business channel with her. One day in 1978 Dan saw a stock explode across the ticker tape at the bottom of the screen hitting $1.
Who Holds The World Record For Stock Trading Returns? This Guy… Read More »
Many times, good traders make the right trade but still lose, but it is okay because they will win in the long term because their method is tested, their risk is managed, and their mind set is right for long term trading success. They have developed the skills of a successful trader. Other times a
Is Your Trading Skill? Or Just Luck? The Difference… Read More »