In trading there are things that cause you to win in the long term and things that cause you to even lose your account in the short term. There are ways to manage risk and there are ways to purely gamble. There are ways to think that will make you […]
A Trader’s 10 Best Friends & 10 Worst Enemies Read More »
For me, author, teacher, and full time trader Alexander Elder really brought my trading together in a way no other author had. He gave me the framework to build my entire trading plan around: THE THREE M’s: Mind (psychology), Method (a trading edge) and Money (risk or money management). But what does each of those
10 Things That Each Trader Must Master Read More »
If one of the greatest traders in the world told you how to buy and sell the best stocks for the most profits would you listen? Well we have a chance to do just that with Bill O’Neil’s book “How to Make Money in Stocks”. His lifetime of research on how the market actually works
Ten Ways to Trade Like the Legendary Bill O’Neil Read More »
The hardest thing about trading is not the math, the method, or the stock picking. It is dealing with the emotions that arise with trading itself. From the stress of actually entering a trade, to the fear of losing the paper profits that you are holding in a winning trade, how you deal with those
Understanding a Trader’s Emotions Read More »
As one of the top trading book reviewers at Amazon.com, I am frequently asked “What books would you recommend for a new stock trader?” Below is a list of the top trading books from my library. Trading is about more than simply making bets, picking stocks, or even trading a system. Your success
Top Five Books For New Traders Read More »
In trading your belief system will determine whether you win or lose. Your trading method is really determined by your beliefs about the market and how it works. Choose your beliefs carefully. Trading like you are in a cult: When you trade like a cult member you believe in your stock or your trade
What is your Trading Religion? Read More »
The question is not whether Apple is going to $500 a share but when will it. Monday? Friday? Next week? Very few things in trading are a given, but the probabilities are heavily weighted that Apple will go to $500 on Monday. The only thing that can truly stop it is some unforeseen Greek crises
Is $AAPL Going to $500? That is the Wrong Question. Read More »
This is the second part of a three-part interview series in which trader John Ward sat down with Dr. Christian Kacher, former portfolio manager for William O’Neil + Co., managing director of VirtueOfSelfishInvesting.com, and chief investment strategist for MoKa Investors, LLC. Ward: Going from being a trader who was using O’Neil’s system on his
Interview with O’Neil Disciples Part II Read More »
This interview is brought to you courtesy of trader John Ward, he can be found on twitter at @JWard_73. John is an excellent trader and I truly appreciate him giving me permission to post this interview that he did with these market wizards who learned from the legend himself, William J. O ‘Neil. In
Interview with O’Neil Disciples Part I Read More »
In my reading of over 200 books on trading and my endless web surfing I have come across many quotes from rich traders that I have truly liked. Here are my favorite ten that I not only love but have made huge impacts on my trading plan and profits. Some of these capture principles in
The Ten Trading Quotes that Will Change Your Trading Read More »