As many of my students know, I am an avid motorcyclist. What you may not know is that I also hold a certificate in motorcycle repair. As with my trading, I feel it is important to be able to fix things when they do not go well. If there is a problem with my bike or it needs routine maintenance, I can fix it. When there is something wrong with my trading, I can diagnose the problem and adjust my plan to improve my trading. This can only happen with the proper education and practice.
In a motorcycle, power is transferred from the engine to the rear wheel. This is done through a set of gears. To make the smaller movements of the engine gears generate more power to move the wheel, smaller gears are linked up to larger ones. This is known as gearing.
There is a way to get more power from your money in the markets as well. This… Continue Reading
