I was coaching a long time student last night and it occurred to me that most traders do not consider proper position sizing when trading. In fact, most beginning traders have no clue what I’m talking about because they just pile money into each trade, one at a time and see what happens. Really it’s ...…
The typical list of success traits always includes characteristics such as discipline, focus, passion, commitment, determination, and confidence. Again these can be found almost anywhere and in any book you read. When applied right they can act as a framework for achieving success in all aspects of your life. I also intentionally left out #14 ...…
I’m always testing and analyzing new trading strategies. Well, maybe not new strategies per say but at least new techniques, entry points, risk management, etc. For the past 2 months I’ve been testing a new strategy with a small trade that hasn’t gone as well as I’d like and I wanted to share it with ...…
Japanese candlestick patterns have been around for centuries. Originally they were used by merchants to help them predict and profit from rice trading. I guess you can say that they have really passed the test and are a “seasoned” tool for any financial market. If they weren’t somewhat reliable then they would have faded away ...…
What’s up with all these social media companies filling for IPO’s lately? I guess the spark was lit with LinkedIn which went public just 2 weeks ago now. Since 2 other major social media tech companies have filed the paperwork for additional IPO’s – both Groupon and now Zynga. Coming Social Media Bubble? I hate ...…
Pretty heavy question here, but one that needs to be asked…Are wealthy or rich investors always the smartest or most intelligent investors? With the likes of Bernie Madoff these days who have wrecked lives, it would be hard to quickly answer YES. Sure it depends on what we are talking about here. I mean you ...…
 5,691 Facebook Fans |
 10,063 Twitter Followers |
 6,774 RSS Subscribers |