The Top Ten Skills of Profitable Traders They Develop robust systems using principles and patterns that work and are based on historical back testing. They Write a trading plan that fits their personality and results in profitability. They have the discipline and self control to […]
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@The_Real_Fly Your opinion about the poll has been noted for future reference. — Steve Burns (@SJosephBurns) December 20, 2013 @SJosephBurns And your belligerence has been noted for future battles — The_Real_Fly (@The_Real_Fly) December 20, 2013 Ouch!! pic.twitter.com/vN4MOREtsU — DK1 (@canuck2usa) December 18, 2013 Markets have potential for a very powerful psychological/sentiment
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After almost 2,000 votes being cast in my poll: “Who has been the most helpful trader on twitter for you in 2013?” here are the final results listed below in order of votes received. These are based on actual votes received, they are not my picks or opinions. Some of these are great professionals that
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Binary Options: The Basics There are several financial markets available to investors, including the stock markets, FX markets and commodities markets. The binary options market is a newcomer to the financial scene but many investors are jumping on the bandwagon. In fact, binary options trading has become the vehicle of choice for investors looking
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A Dozen Dumb Things That New Traders Do Being a stubborn bear in a bull market. Being a stubborn bull in a bear market. Risk your entire trading account on one trade. Trade an account that is so small
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I think that studying trading and being a trader has really changed my life. The principles of risk management, psychology. and robust methods has helped me in all areas of my life. Letting winners run, cutting losers short, and managing your risk of ruin is not
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Don’t get out of a trade when you are afraid get out when your trailing stop or stop loss is hit. Don’t enter a trade when you are greedy for profits get in when you get an entry signal. Don’t take a huge position size because you
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Start with a concept: “I make $ when market trends”, etc., & turn it into set of objective math rules that can be programmed & backtested. — Trade Like a Casino (@TradeLikeCasino) December 13, 2013 Stay Bullish when charts r bullish no mattr what u THINK the fundamentals are. Be Bearish when charts r
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I have created a poll for my followers to vote on the trader they found to be the most helpful trader on Twitter in 2013. Everyone can vote, and I will compile and post the winners on my blog in about a week. This could be very helpful for new traders, directing them
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To really be a great trader we have to get comfortable with being uncomfortable. We have to accept that no one has a crystal ball or time machine so the future is not known by anyone and we can only take our entries and manage our current risk. Successful trading comes from understanding the
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