Investing 101: Understand These Trading Truths
The investing world is full of sampler-worthy axioms masquerading as strategies. But for any real strategy to be successful, it must have an underlying philosophy in which you can believe…
Beginner Series: Investing Basics
Too Old to Start Investing and Trading?
One of my readers, in his sixties, recently sent me this question. To avoid causing any embarrassment, I will refer to my reader simply as “Bob”. Bob had seen one…
The Training Dilemma – What to Really Look for in Trading Education
Learning to trade can be an expensive and frustrating endeavor. If you are starting out, you could end up buying (and discarding) numerous training courses in the process of learning…
Teach Your Kids How To Invest: 8 Easy Steps
Thought I’d share something very different today that will affect the next generation. While children may not understand investing in the terms that a sophisticated adult can, there are some…
How To Win In Any Market: 9 Rules For Contrarian Investing
A little knowledge that acts is worth infinitely more than much knowledge that is idle. –Kahlil Gibran When it comes to investing, the first rule thing you need to learn…
Can You Replace Your Income Through Trading?
One question I often get asked is whether you should live off your trading profits or let it grow? My answer is, it depends… Why is that? Well, it depends…
Traders: Are You Trying To Make Your Daily Nut?
As traders, we make our living each and everyday trying to find the best trading opportunities. For some, daily profits are the lifeblood of their existence not just feeding the…
The House Always Wins — How To Make Sure You’re Trading With The Right Edge
In trading and investing we’re always dealing with incomplete data sets. That’s a fact. We’ll never have perfect, complete information when we put on a trade. It’s impossible and we…
Millennials: Avoid These 8 Financial Pitfalls
If you are like many people in their 20’s and 30’s, you are just beginning to settle into your role as an adult. You may think that planning for your…
Portfolio Protection is Not Always Fun
When you add some portfolio protection as a defensive measure, whether it is utilizing inverse ETF’s, options or straight out shorting stocks it certainly does not feel good when the…
How To Ruin Your Trading Account
There are 3 letters, forming one word, which can be detrimental to a trading account. TRY Yoda said “Do or do not, there is no try”, and there never should…
Investor Alert: Don’t Lose Money In This Wall Street Scam
Share buybacks just another Wall Street scam Better a diamond with a flaw than a pebble without one.~Chinese Proverb Wall Street has a new hobby use good money to…
Planning For Success In Investing
“A goal without a plan is just a wish.” ―Antoine de Saint-Exupéry For any strategy to be successful, you must have a plan for implementing it. This is true in…
Why Paper Trading Matters
A cautionary note. When I am working with a new member, I always implore them to trade on a simulator or “paper” account. Why? It’s like walking into a Ferrari…
