So many arguments and fights about trading that happen on social media are simply due to a lack of understanding about another trader’s methodology or time frame. So many think their way is the ONLY way to make money in the markets. But the “Market Wizards” series of books showed us that there are […]
10 Things Winning Traders With Different Methods All Have In Common Read More »
Thanks Shane Yates for the idea and material for this blog post. Enter the “trader zone”…. wait, wait, wait, wait- pounce…. “A lone lion usually has a hunting success rate of only 15%. Though during a night hunt, their success rate can climb over
How to Trade Like A Lion Read More »
“If you diversify, control your risk, and go with the trend, it just has to work.” -Larry Hite We often hear of trading with an edge, but how do we know for sure we have an edge in our trading? How do we know that the odds are in our favor, and
7 Ways to Trade With an Edge Read More »
Wile many traders love to trade through earnings and some even make money doing it I prefer to stay on the sidelines and let things work themselves out before I commit capital. I have played many trends into and after earnings but have rarely ever held through earnings. It feels to much to
5 Reasons I Don’t Hold Through Earnings Announcements Read More »
With somewhere between 80% to 90% of traders losing money consistently in the long term and most new traders not even making it through the first year I thought ten tips on survival may help some of my new blog readers be in the markets this time next year. I have seen so many
10 Ways to Increase A New Traders Survival Rate Read More »
“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” – Unknown When I was a teenager, I was fascinated with compounded return tables. They seemed like magic to me. I knew that at some point in the future, I could build up
Magic of Compounding Returns Read More »
They trade too much. The edge that small traders have over institutions, is that they can pick trades carefully and only trade the best trends and entries. The less they trade, the more money they make, because being picky gives traders an edge. Unprofitable traders tend to be trend fighters, always wanting to try to
10 Bad Habits of Unprofitable Traders Read More »
40 steps in the trader’s journey from new trader to rich trader. They are as follows: We accumulate information, we learn- buying books, asking questions, maybe going to seminars and researching what really works in trading. We begin to trade with our ‘new’ found knowledge. We make profits only to give it back very
40 Steps In The Trader’s Journey Read More »
