Best Day of Week To Trade?
What is the best day of the week to trade? Actually, this is a trick question – let me...
Read MoreWhat is the best day of the week to trade? Actually, this is a trick question – let me...
Read MoreIn an earlier article, I discussed risk, and how much risk a trader should take on for each trade. One of the best discussions I’ve found on the topic was from the book “Market Wizards,” where one of the...
Read MoreThere is an old saying “those who can do, and those who can’t, teach.” I’m not sure where that phrase originated, but it is true in many professions. Think of professional sports; there are many great...
Read MoreIf you’ve been looking into trading futures, commodities, forex or stocks, you’ve probably been exposed to “backtest” results. These results purportedly show what a trading method would have done in the...
Read MoreJimi Hendrix was an extraordinary guitarist, but most people focused just on his guitar playing abilities, not realizing his lyrics were often quite poetic. In one song, he sings “Castles made of sand, fall in the...
Read MoreI was recently asked by a new trader about Scale Trading in the Forex Market. I hope this inexperienced trader and I are talking about the same idea when we mention “scale trading.” In case you do not know what scale...
Read MoreI saw an advertisement for a futures trading system the other day, and I’d thought I would discuss it here. Now normally, I trade only futures, forex and commodity systems I create, since I know exactly what goes in them,...
Read MoreAt one of the websites I frequent, someone recently asked “Isn’t trading exciting?” As someone who has been trading for 18 years, I thought I’d share my perspective. Good trading in stocks, futures, forex...
Read MoreIf you’ve been around investment circles long enough, you have undoubtedly seen ads for stock, futures, forex or commodity systems, services or newsletters claiming a 90% or greater winning trade rate. This, of course,...
Read MoreWith almost every decision in life, people tend to focus on the positive, and minimize the negative. Think about buying a house – what entices you first? Usually, it is curb appeal, and if your first impression...
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