Category Archives: Learn

Ways to Reduce Trading Stress

By | June 14, 2014 12:19 pm

Trading offers a wide world of opportunities to traders new and experienced alike. It’s unfortunate, but trading profitably with any level of consistency often takes time and effort for a trader to develop their approach. Along the way are many hurdles and perhaps even more unfortunately, quite a few of those hurdles can be self-imposed.… Read More »

How Traders should plan trades

By | June 11, 2014 4:15 pm

A trader must have quantified entry signals that tell them when to enter where the probabilities of success are in their favor of being profitable.   A trader must build a robust trading system with a positive expectation model of a high winning percent of trades or one that will have bigger wins than losses… Read More »

Psychological Pitfalls that Can Damage Your Trading

By | June 9, 2014 4:33 pm

In all my years of trading and talking to fellow traders, I have noticed that newbie traders are susceptible to four main psychological pitfalls. Let’s take a look at each one and examine them carefully. Hopefully, after reading this, you will be able to see them coming and stop them before they destroy your account.… Read More »

A common trait you’ll see among the world’s best investors

By | June 6, 2014 4:35 pm

In 1968, a self-described “gun-slinging nitwit,” fresh out of Harvard Business School, Grantham played the go-go market at its peak. By 1970, he had lost all of his money. “I like to say I got wiped out before anyone else knew the bear market started,” Grantham recalled years later. Think about that. The man who… Read More »

Jesse Livermore views regarding excessive trading

By | June 4, 2014 4:24 pm

1. “Money is made by sitting, not trading.” 2. “It takes time to make money.” 3. “It was never my thinking that made the big money for me, it always was sitting.” 4. “Nobody can catch all the fluctuations.” 5. “The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall… Read More »