I need to make money on the long and short side so I have both long and short entries. My goal is to be profitable in both bull and bear markets. Options that I trade need to be highly liquid. I do not want to lose money in the bid/ask spread when trading options. I […]
Things I like in a Trading System Read More »
This is a guest blog post from Rolf at Tradeciety: The victim-trader – is trading really unfair and rigged? High frequency trading, rigged markets, unexpected news and insider trading makes profitable trading impossible for the regular trader. But is that really true, and is trading becoming harder and harder these days? Trading isn’t becoming harder
Victim Trader, Poor Trader Read More »
Regardless of the quality of your trade entries and exits, it is the overlying principles that you use in your trading that will determine your success. Here is the big picture that will help you become a better trader starting right now. When you enter a trade, you should already have a 50/50 chance of
10 Powerful Principles for Profitable Trading Read More »
There is a big difference between trading up trending markets versus range bound markets. Different signals are profitable in different markets. In up trending markets you can buy high and sell higher profitably, in range bound markets you are rewarded for buying weakness near support and selling near resistance. In up trends a price gap
Up Trend Signals Vs Range Bound Signals Read More »
Market Wizard Linda Raschke’s 12 Technical Trading Rules Buy the first pullback after a new high. Sell the first rally after a new low. Afternoon strength or weakness should have follow through the next day. The best trading reversals occur in the morning, not the afternoon. The larger the market gaps, the greater the odds
Linda Raschke’s 12 Technical Trading Rules Read More »
Just like in the movie “Money Ball” where they quantified what was the most important factor that lead to wins in baseball games, I have also tried to help new traders cut through all the noise, and focus on what really matters. The quantification and capture of trends for profits in the time frame you
10 Metrics that Lead to Trading Profitability Read More »
This post is courtesy of StockCharts.com. Image via Shawn Rossi I must admit, I am not smart enough to have devised these ridiculously simple trading rules. A great trader gave them to me some 15 years ago. However, I will tell you, they work. If you follow these rules, breaking them as infrequently as possible,
Richard Rhodes 18 Trading Rules Read More »
There are many paths to trading profitability, but all the paths have similar steps. Here are some important steps you must follow on your path to profitability. The amount of success you have in trading is primarily based on the amount of homework you do. You must develop a winning trading system that is
10 Pathways to Trading Success Read More »
The common held belief in the trading world is that 90% of traders are not profitable long term. This was based off some old studies of brokerage accounts. I read the original source article long ago in a trading book that referenced it. Other more recent studies seem to have found that the failure rate
30 Reasons Most Traders Don’t Make Money Read More »
