Wile many traders love to trade through earnings and some even make money doing it I prefer to stay on the sidelines and let things work themselves out before I commit capital. I have played many trends into and after earnings but have rarely ever held through earnings. It feels to much to […]
5 Reasons I Don’t Hold Through Earnings Announcements Read More »
With somewhere between 80% to 90% of traders losing money consistently in the long term and most new traders not even making it through the first year I thought ten tips on survival may help some of my new blog readers be in the markets this time next year. I have seen so many
10 Ways to Increase A New Traders Survival Rate Read More »
“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” – Unknown When I was a teenager, I was fascinated with compounded return tables. They seemed like magic to me. I knew that at some point in the future, I could build up
Magic of Compounding Returns Read More »
They trade too much. The edge that small traders have over institutions, is that they can pick trades carefully and only trade the best trends and entries. The less they trade, the more money they make, because being picky gives traders an edge. Unprofitable traders tend to be trend fighters, always wanting to try to
10 Bad Habits of Unprofitable Traders Read More »
40 steps in the trader’s journey from new trader to rich trader. They are as follows: We accumulate information, we learn- buying books, asking questions, maybe going to seminars and researching what really works in trading. We begin to trade with our ‘new’ found knowledge. We make profits only to give it back very
40 Steps In The Trader’s Journey Read More »
Trading is Really All About Two Things Right Decisions and Wrong Decisions. Most people think they’re playing against the market, but the market doesn’t care. You’re really playing against yourself.” -Marty Schwartz “Pit Bull” It is not the markets that beat us, we beat ourselves. Successful comes from our ability to follow price
What Trading is Really All About….. Read More »
It blows peoples minds on twitter when they start a big passionate argument about why my trade is wrong and I just say, well if I am wrong I will stop out with a small loss and maybe reverse it if I get an entry signal to reverse. No big deal just
You Don’t Need to Be Nostradamus To Make Money Trading Read More »
The stock market is in a powerful uptrend, shorts were hurt last week in their positions. All short term moving averages are bullish with the 5-10-20 all over the next one. Ben Bernanke said what the market wanted to hear and it responded with a buying frenzy. Many leading stocks are making all time
Ten Reasons Why Bulls are Still Bullish Read More »
