Trading is primarily a game of the mind not a math game. The absolute smartest people usually are not the very best traders because while they are doing all the complex math and system development they are blind sided by their egos, greed, and fear. If you have the right mindset as a trader […]
Five Ways to Build the Right Trading Mindset Read More »
Commit to doing the work to become a successful trader. Study the top resources for trading success. Decide what level of annual returns you want to make on average. Decide the maximum capital draw down level you can tolerate and accept. Become a reactive trader not
The 15 Key Steps To Successful Trading Read More »
Bad traders are very arrogant and opinionated on the future direction of the markets. The best traders I know are very flexible and just go with the flow. Bad traders love to give out unsolicited advice, question, and
Bad Traders Versus Good Traders, the BIG DIFFERENCES Read More »
(MrTopStep Exclusive) One of the original “Market Wizards” in Jack Schwager’s classic best-seller, Marty “The Pit Bull” Schwartz is one of the few of that reclusive group to speak publicly and candidly about his trading experiences, his philosophy, and his life. Rarely have any of the original Market Wizards given even a brief interview, let
A Rare Market Wizard Speech: Marty Schwartz at Amherst College 2013 Read More »
This is a bull market, while so many are
10 FAST Facts About the Current Stock Market $SPY Read More »
Being a Know-it-all: Wanting to be right about everything more than wanting to make money is very unprofitable. It is difficult for many professionals from other fields to take a beginners mind in this new endeavor of trading.
The Ten Behaviors That Destroy New Traders Quickly Read More »
The Directions say. “Let the bird chill in the sink a little bit” pic.twitter.com/zEBAGj6SGD — Scott Redler (@RedDogT3Live) November 28, 2013 The Secret Sauce of Success–> pic.twitter.com/qyLykMCXQV — Steve Burns (@SJosephBurns) November 28, 2013 Former Fed Chairman Greenspan Sees No Bubble at Dow 16,000 – NOW I’m worried…
Top Trading Tweets of The WEEK Read More »
Top Ten Things Equity Bulls Have to Be Thankful For in 2013 Two words: Quantitative-Easing. All the money has to go somewhere in with bond yields so low equities are the place to be. The “Bernanke Put Option.” Bulls
Top Ten Things Equity Bulls Have to Be Thankful For in 2013 Read More »
Be patient with winners letting them go as far as they can but be impatient with losers exiting when you are proven wrong. Be confident in
Traders: When to Zig & When to Zag Read More »
Today’s blog post comes straight from a great discussion out of our facebook trading group New Traders, Rich Traders, & Good Traders. Thanks to Andrew Rocco for the original post and also Matthew Smith,and Travis James for their insightful comments in our trading group. Here Are The Ten Common Mistakes New Traders Are Making:
What Are The Ten Common Mistakes New Traders Are Making? Read More »