Trading requires mental toughness and trading is about deciding what action to take when faced with an adverse situation. These actions can be either positive or negative. We can choose to respond or we can just react. Usually...
Read MoreWhen discussing trading, typically the conversation revolves around forecasting the future direction of the market, current news events that may change perception, or the latest indicator that’s ready to throw off a sell...
Read MoreWhen you are involved with any skill-based endeavor like trading, it is critical that you measure what you do. When you want to get good at something you must measure it. You must have a way of knowing how you are doing with...
Read MoreThere are many articles about the boom in the rental market. Right now there are over 100 million renters in the US. Did you know that a large majority of those renters are renting from mom and pop landlords? In fact, the...
Read MoreHave you ever had a career in sales? If so, think about the times when you attained the most profit. The key to selling anything for a large profit is to sell to a novice buyer who does not know or understand the REAL value of...
Read MoreThere is a lot of volatility surrounding the open of the equity markets in any country or any exchange. It is often said that amateurs open the markets while professionals close it. The reason behind this saying is the nature of...
Read MoreHaving taught and spent time with literally hundreds of students and traders of the currency markets, it never ceases to amaze me how we can get into habits very quickly, often ones that stick for a long time and sometime ones...
Read MoreI wanted to discuss an issue I see often with new traders in our classes. Many new traders feel they need to make as many trades as they can in order to be successful. This couldn’t be further from the truth. In fact,...
Read MoreAs a trader and educator, I have come across thousands of traders during the past 15 years. I can honestly say that I have never met or seen one trader be able to sit down in front of a screen each morning without a trading...
Read MoreWhen analyzing multiple time frames there can often be confusion. Two different time frames of the same underlying could show us completely differing trends. They are both accurate, for they both show the same price action, yet...
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