“You adapt, evolve, compete or die.” – Paul Tudor Jones  I do not trade the same way I did when I started actively trading the stock market in the late nineties. The market itself has taught me many lessons about keeping my gains and cutting my losses short. I have traded through one of […]

                                                                                                                                                                                                                                                                                                            Here are ten questions to ask yourself to see where you are along your own path in the trader’s journey. Are you willing to exit your trade if it gets to a predetermined price level that indicates you are wrong about it? Are you structuring trades through position sizing and stop losses so

        There is a lot of good information, tips, and entertainment floating around on twitter if you can build a high value twitter follow list.  Here are ten tweets that I found to be valuable this week. These twitter accounts are doing it right.   The path of least resistance until proven

                                                                                                                                                                                                                                                                                                            New traders have to learn what to be concerned about and what to ignore. Trading is about managing risk, the right psychology, growth and development, a good trading plan, a robust method, and reacting to what the market is actually doing instead of trying to predict what it will do. To many new

                              In trading there are things that cause you to win in the long term and things that cause you to eventually lose your entire account in the short term. There are ways to manage risk and there are ways to

                                                                                                                                                                                                                                                                                                     Trading is not all fun and games. Traders do not make money on every trade, most don’t even make money on half their trades. It is not like other careers, jobs, or hobbies where you work and then get paid. Our pursuit is more like the life of an entrepreneur. Our idea may

We had a key reversal day back to the 100 day sma and off the 40 RSI on Wednesday October 9th. The next day on Thursday October 10th we had a powerful reversal that gapped to the 50 day and then ran back over both the 10 day sma and the 5 day ema. For