Many traders are not undone in their trading by their method or system. No, when the adrenaline starts pumping and the heart starts pounding bad decisions are made. Pride, Fear, Greed, and Hope are some of the most dangerous traders you will ever trade against. These emotions scream at the trader: “Don’t stop your loss! […]
Scott O’Neil on the Dangers of Emotional Trading Read More »
Here are the 18 principles of successful trading that I have learned from the study of rich traders and my own successful trading in the markets over the past 30+ years. Some of these principles will seem counter intuitive and may leave new traders scratching their heads until they fully understand what they really mean.
Rich Trader’s 18 Principles for Trading Success Read More »
In trading you have heard that bulls make money, bears make money, but pigs get slaughtered. Here is a more expanded truth: Traders that have the right mind set, money management, and winning method make money, those that are missing even one of the three, will eventually ‘blow up’ their account. This applies to both
The 10 Elements of Successful Trading Read More »
Who is ranked as one of the top traders on twitter with forty-two 5 star reviews at www.investimonials.com? Who has 9,525 happy followers? His name is @TraderStewie and is a great follow for new traders and traders looking for that edge. Below are his ten golden rules for trading, I agree with every one of
@TraderStewie’s 10 Golden Rules of trading. Read More »
Here is some great trading advice I have gathered around the web. These were either answers from real traders to the question “What is the best trading advice you ever received?” Or it was advice given be successful traders when asked “What one piece of advice would you give to traders?” There are some gems
The best pieces of trading advice Read More »
How did one of the greatest entrepreneurs of the last 50 years think? How did he create one of the most successful companies of all time? Here are ten of the best things that he ever said . I believe they give us clues at identifying the next company that could have their stock become
The 10 Best things Steve Jobs Ever Said Read More »
While pure trend followers and technical analysts will not agree with all of Mr. Baruch’s principles it is interesting to read through them, they are the same as some of the top traders and investors of our age. Some of these all traders can agree on. Bernard Baruch was a millionaire in his
Bernard Baruch’s 10 Trading Rules Read More »
Surprisingly winning traders success is not based on picking the right stock at the right time. Millionaires were not created from simply having a magic system for trading the markets. What is the secret sauce of long term successful traders? You might be surprised. #1. Having the right mindset to win in trading. (Trading Psychology)
These Two Things Will Determine a Traders Success in 2012 Read More »
Trading is not all fun and games. We do not make money every day and certainly not on every trade. It is not like other careers or jobs where you work and then get paid. Our pursuit is more like the life of an entrepreneur. Our idea may work or it may not. The
Overcoming the Top 10 Pains of Trading. Read More »
Many new traders launch into trading with great excitement and with an urgency to start making money right away. To this I would like to say , whoa there cowboy. There are many things to consider. The markets are not an easy place to make money at will, it is a zero sum game. Which
The Top 10 Mistakes New Traders Make Read More »