Here are the results of the first day of trading. Looks like everyone is managing their risk well. If you haven’t put in a trade yet, you won’t be listed above. I tried to get a trade in, but am suffering a head cold...
Read MoreIMPORTANT: If you already have a Wall Street Survivor account, you need to sign up for a new one! After your name please put _cpcontest so that I know you have a new account. Trading begins on Monday. Prizes are explained here....
Read MoreI figure that posting the email conversations I have with readers may help other traders out there. I know that websites and blogs don’t always answer all the questions you may have. While I don’t have a fraction of...
Read MoreI figure that posting the email conversations I have with readers may help other traders out there. I know that websites and blogs don’t always answer all the questions you may have. While I don’t have a fraction of...
Read MoreMany, many people will advise against the use of the one-minute chart. And there are plenty of good reasons for such advice, the main being that the one-minute chart has tremendous amounts of noise, is choppy, and encourages...
Read MoreThere are some amazing free trading and investing resources on the internet. If you haven’t read John Mauldin you’re missing out on fairly frequent insights into the economy. I Mauldin’s writings emailed to me...
Read MoreLast week I played around with two experiements. Both were performed in the forex markets on the EUR/USD pair. The first one I tried had to do with rollover. It failed miserably. Rollover is a part of currency trading that...
Read MoreA clip from Dumb and Dumber. Also, I picked up a copy of Against the Gods: The Remarkable Story of Risk. I tried to pick up a Michael Covel book (recommended by zentrader and Charlie G.) but they didn’t have any in...
Read MoreWhat advice would you give the novice trader?First, I would say that risk management is the most important thing to be well understood. Undertrade, undertrade, undertrade is my second piece of advice. Whatever you think your...
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