The 5 Key Elements To Your Trading Success
After almost two decades of trading, I have come to the realization that trading simplicity is best. When we make the effort needed to keep things simple, we avoid making…
Trading Psychology: Developing a Trading Plan
10 Things Every Trader Should Know Before Making a Trade
Many new traders entering the trading game can’t get the right answers because they aren’t asking themselves the right questions. Much of the success traders experience is attributable to how…
Trading Lessons: The Mountain Top Is Lonely
I’ve been to the top of what is called ‘trading nirvana’, a place where I thought I would have plenty of company. Back in my early trading days, I thought…
Action Steps for a Perfect Trading Plan
Last week, we began with our first of two part series, ‘8 Step for a Perfect Trading Plan’, to help answer that question of what should be included in every…
Use Risk Management To Avoid Trading Failure
Risk and capital management. I don’t care what “system” you use to trade options, if you do not employ risk and capital management properly, you are setting yourself for failure. …
Why Do You Trade?
Let’s be honest: only a very small number of adventurous individuals would ever think that active trading is a reasonable way to make a living, support a family or manage…
Trading Tactics: How to Deal With a Slump
Self-realization is a good place to start in breaking a trading slump. I know it seems obvious that when you’re in a slump and trading poorly your results and account…
Do You Surf the Market Waves?
Have you ever looked at the waves of a market? “Waves?” You may wonder: “Waves are for surfers. What do waves have to do with the markets?” Plenty. The…
Day Trading Support System
What can I say guys, we all need a little help, a little support. Day trading is a challenging business to say the least and some days we need all…
Trading Tactics: Dealing With A Trading Slump Part 2
If you are actively trading/investing in markets you understand there is a great deal of volatility to contend with. Certainly the emotions run rampant as we try best to find…
Why Do You Want to Trade for a Living?
It’s finally good to be back after a long break travelling through the South Americas for the past two months. It is these breaks which remind you of why you…
Winning Mindset for Losing Markets
Traders are preoccupied with winning. It’s the raison d’etre for getting into this rather odd profession or avocation in the first place. But unlike most other professions, this one has…
How To Day Trade Using Other People’s Money
Are you familiar with the abbreviation OPM? It can mean a few different things, but in the investing and real estate world it often means other people’s money. Did you…
It’s Time To Review Your Trading Plan
If you turn on the television, open a website or social media, or grab a newspaper (a daily or weekly publication carrying everything from the latest news to in depth…
Stop Listening To The “Experts:” Take Control Of Your Money
In the republic of mediocrity, genius is dangerous. Robert Green Ingersoll Morgan Stanley surprised everyone or, at least, tried to by stating that it was no longer going to be…
Why You Don’t Have a Trading Log and Why You Should!
Every educator worth their salt will tell you “It’s important to log your trades”, to keep a record of your trades in order to track your progress. Almost all traders…
The Human Element of Trading
In this article I am going to, (hopefully) open you up to an aspect of trading that is ignored by most traders: The human element of trading isn’t so much…
Be Right Big And Be Wrong Small
“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.” – George Soros Looking…
8 Steps for a Perfect Trading Plan
Everyone talks about having a trading plan, but what should be in it? In the first of two part series, we will be looking into the foundational ingredients of all…
10 Ways A Trader Can Balance Trading And Life
“You have power over your mind – not outside events. Realize this, and you will find strength.” – Marcus Aurelius The weakest part of any trading system is the trader…
30 Great Trading Rules
Here is the inconvenient truth about successful trading. It’s work. Trading is more than just numbers — it is a three dimensional fight that rages primarily inside the traders themselves.…
