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                                                                                                                                                                                                                                                                                                        Here are twenty things I do that make my trading profitable over the long term. I focus on trading only a few ETFs and stocks each year and focus my efforts in how to best capture any trend that emerges from one of them. I keep a very small watch list and remove […]

                                                                                                                                                                                                                                                                                                           Thanks to George Boncoraglio for posting the four pillars in my facebook trading group. I hope my expansion does it justice. The four pillars of success: Know yourself  Traders need to know what type of trading will fit their personality and risk tolerance. Some traders are patient and make excellent trend followers others engjoy

                                                                                                                                                                                                                                                                                                              “That’s why most people lose money as individual investors or traders because they’re not focusing on losing money. They need to focus on the money that they have at risk and how much capital is at risk in any single investment they have. If everyone spent 90 percent of their time on that,

                                                                                                                                                                                                                                                                                                      20 Trading Insights from Paul Tudor Jones 1. Markets have consistently experienced “100-year events” every five years. While I spend a significant amount of my time on analytics and collecting fundamental information, at the end of the day, I am a slave to the tape and proud of it. 2. I see the younger

Professional trader Richard Weissman was generous enough to post his trading rules in my facebook trading group and also gave me permission to share them with my blog readers.  I have grown in my trading this year interacting with Richard and watching how he trades. He is also very generous in sharing his wisdom with

I sold my personal $SPY position on Thursday at the end of day. I did this because for the trend to have continued on the daily chart it had to start building another price base or go parabolic to $175 or $180 if it did not continue up then the odds were that it would

 If someone was ready to start trading and had a basic understanding of trading and the markets and asked for some of my best advice on how they could make money as a trader, this is what I would tell them. Understand that trading is like any other professional endeavor, you will be monetarily rewarded