[Video] How Profitable Traders Develop a Winning MindsetTrading psychology or mind games that shape your beliefs? Once money and a trader’s ego are involved, all well laid plans are rendered mute… Trust me, you are not the exception. We all have an inner voice that can help us or lead us to doubt what we see. We must […]
Continue Reading
Trading Lesson #1: How to Handle the Ups and Downs of Trading Like a ProDay traders tend to take the credit and give blame for success or failure. I should know. I mastered this skill early in my trading career. When I earn money it was because of my hard work and my brilliance. When I lost […]
Continue Reading
Today’s Trading Lesson… Day traders tend to take the credit and give blame for success or failure. I should know. I mastered this skill early in my trading career. When I earn money it was because of my hard work and my brilliance. When I lost money it was because of a bad fill, a slow […]
Continue Reading
Trading Plan Template | Crafting the Perfect Trading Plan in 7 Days or Less. Trading Plan Outline A trading plan is an outline successful traders use to keep focused on decisions with a high probability for profit. The trading plan also eliminates trading scenarios that do not meet your edge. The outline consists of two core components:The […]
Continue Reading
How many positions do you trade at the same time? When I started trading in 2000 I was taught to find a good trade and get size. “It’s better to have one big position…” I believed it, the guy sounded smart and he was persuasive. It’s bullshit. Here’s why- Trading is about probabilities, not whale […]
Continue Reading