Paul Tudor Jones famous interview and documentary “The Trader” is a classic amongst market professionals. It is one of the few places you can see a true Market Wizard and young money manager become a billionaire. Here are the lessons I have gleaned from watching the master in action: It is possible to see that […]
Paul Tudor Jones’ 22 Trading Principles Read More »
Risk management is far more important than profits, keeping the capital you have safe is more important than growing it. With the parabolic move we have seen in many markets it is crucial that we do not become greedy and lose our basic rules of risk management and put our account in danger of ruin.
The Many Faces of RISK Read More »
“The whole world is simply nothing more than a flow chart for capital.” -Paul Tudor Jones Successful trading is the attempt to be on the right side of the flow of capital. Each change in price happens with a new agreement between the current buyer and seller. Buyers and
A Winning Trading Method is Really All About this….. Read More »
Here are 5 ways I ride a trend after getting in. Ideally buying a stock that breaks out of a long term range into a new all time high is the best spot for maximum gains. Here are the spots to keep an eye on in an up trend. First of all look
5 Ways to Ride a Trend Read More »
The SPY trading range is currently at $163.50 resistance with very strong support at $162.50. We have two key support levels below us at the 10 day sma and 50 day sma. We are in an up trending equity market with cheap money flowing in day after day to be put to work.
Three Charts with My Thoughts & My Plans Read More »
The following list of books is based on results from 155 people when I asked the poll question: What ten books helped you make the most money trading in the markets? I was curious to see what I had missed in my decades of reading the best books on trading and the stock market. I
Top 25 Money-making Trading Books Read More »
I have some suggestions for traders on social media that comes from my experience of the past three years. These are a few things that may help you really get the most out of your social media presence and interact the best with other traders. Either post your trades in real time or don’t brag
Ten Suggestions For Online Etiquette for Traders Read More »
Trading options without an understanding of how the Greeks function to create option pricing is a dangerous game. An option trader must understand many things. How much will my option go up in relation to the underlying stock’s price movement? How much will my option price decay each day as expiration approaches? At what
The Five Most Important Questions an Option Trader Better Know. Read More »
Many times in an up trend, less is more. My biggest profits were made trading a stock in an up trend for 100-300 points not daily scalping. My best trading is in trends where my decisions are made at the open and close with no requirement to sit in front of a screen all
How To Trade in A Bull Market Read More »
The Perfect Trader is patient with entries and exits, they are focused on what works not personal opinions. They do not worry about missed trades, the Perfect Trader does not boast while winning and does not become depressed while losing. They are never too proud to admit when they are wrong and exit their trade.
The Perfect Trader Read More »