In trading fear can be good or bad, if you let fear control you it is bad if you control fear it can cause you to have positive behaviors. Here are the proper uses of fear in trading. GOOD FEAR Be afraid of losing more than 1% of your […]
What To Fear & Not to Fear in Trading Read More »
At 56, Paul Tudor Jones is a self made billionaire with a net worth of 3.3 billion and is ranked as the 336th richest person in the world, he knows exactly how to trade the biggest money for the biggest returns. One of Jones’ earliest and major successes was anticipating and trading through Black
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What happens when legendary trader Richard Dennis put a want ad in the paper to hire traders? What kind of results would ordinary people make if they were given a winning system and a million dollar account? The results will surprise you. This experiment was over an argument that
Turtle Trading 101 Read More »
If you want to make money in the stock market it is crucial that you trade correctly for the market you are in. In up trends buy long and purchase call options. In down trends sell short and buy put options. In range bound markets look for trends in
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In trading most new traders allow hope and fear to dictate their trading. They have a losing trade and instead of selling it and getting out they instead hope it will come back to even allowing the loss to grow. Another error for new traders is that when they have
Using Hope & Fear Correctly in Trading Read More »
While I do not predict, I do play the trend and the probabilities in my trading. I am currently long 100 shares of Priceline stock at an average price of $723 a share. Thanks to Expedia’s much better than expected earnings and sales results $PCLN holders got to experience a
Top Ten Reasons $PCLN could go to $800 Read More »
This is one of the key trading lessons that really helped me understand risk management long ago. This is one of the keys to successful trading, viewing risk as your metric for trading. This article was originally published on the Van Tharp Institute’s Web Site. Risk and R-Multiples Knowing when you’re going to exit a trade
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If you have not realized it yet, in trading you are not going to be right every time with your trades. You are not even going to be right the majority of the time. Most of the best traders in the world are only right 50% of the time, many
Batting .500 in Trading Read More »
Trading is not all about just stock picking, it is not just about a winning system. Yes, first you have to understand how to trade and put the odds in your favor of winning, but that is not enough. You must also add in risk management so when you lose ten times in a
How Many Dimensions Do You Trade in? 1, 2, or 3? Read More »
While all the Apple bulls where having a celebration party on the move back to $610 today I could not help but wonder if they rode this stock from $644 to $555 and were just celebrating getting back to where they could have gotten out at weeks ago. My
Saving your Emotional Capital $AAPL Earnings Read More »