The fact that most traders don’t make money in the markets is no different a statistic than other fields. The majority of high school football players don’t go on to college scholarships and very few college football players get professional contracts to the NFL. Most players play for the passion and the dream. Traders have […]
How to be in the 10% of Profitable Traders Read More »
This is a Guest Post by AK of Fallible. In this video, we’re going to talk about 5 reasons why traders lose money in the stock market. We’ll also be covering different ways you can avoid these pitfalls. Learn more about the All stars here: https://youtu.be/-_xLL1b3rdY ***All content, opinions, and commentary by Fallible is intended for
Top 5 Reasons Traders Lose Money In The Stock Market Read More »
While there are many ways to make money in the markets from long term buy and hold investors to day traders in Forex there are some common traits that emege after studying both succesful traders and investors. They focus on their edge. The successful market speculators stay with the process that they are experts in.
Six Common Traits of Profitable Traders Read More »
Here are the first and most important lessons that a new trader needs to understand. All traders have to learn these lessons either the easy way and learn them from others or they can learn them the hard way by losing their own money. Do not start trading until you have a quantified trading system
The 5 Most Important Trading Lessons Read More »
Here are twelve great rules that can give new traders a quick list to see what the right questions to answer that will lead to good trading and also a guide to more experienced traders that just can’t get to consistent profitable trading over the long term. Create your own quantified trading system with an
12 Rules for Good Trading Read More »
Most long term profitable traders possess a set of skills that lead to their consistent success over a long period of time. Here are the 10 skills that I have seen in common with so many successful traders. These were skills that had to be mastered before I was able to generate and keep long
The 10 Top Skills of Profitable Traders Read More »
Everyone’s trading is different. No two traders are the same. Your watchlist, your signals, your chart software, your broker, and your commission costs are probably all very different from mine. Also how your edge plays out can be a different path from my own. Do you need speed of execution to scalp quick trades, or
Solving Your Own Trading Problems Read More »
“They think that intelligence is about noticing things are relevant (detecting patterns); in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns).” ― Nassim Nicholas Taleb Many new traders obsess too long over details that do not matter not realizing that at its core trading is simple. Money is made
Simple Trading Can Be Profitable Trading Read More »
Trading is a numbers game more than anything else. Here are seven crucial numbers and statistics that a serious trader needs to set expectations around and know. Some can be found through historical back testing, some can be controlled, others give the trader a target to aim at. Once a trader understands these numbers and
Seven Key Numbers A Trader Needs To Know About Their System Read More »