July 31st, 2008

TEN: Must Have Trading Tools

A trader must see the big picture in trading to survive and prosper.  If you only look at the small time frames you are only seeing the foothills of a tall mountain.  It is necessary to look at the larger time frames and trade in the direction of the larger trend. If a trader is [...]

July 30th, 2008

NINE: Balanced Life Trading

Trading is all about making money. If you are doing it for any other reason then you are doomed for failure. You need to trade from good old mechanical thinking, which is a mark of a good trader. You get a signal you make a trade you get another signal you exit a trade. Large [...]

July 29th, 2008

EIGHT: Trade Less Make More

Everyone needs to find the time of day that is best for them be it emotionally, time restraints, or alertness (when you are not tired of fatigued). Once you find that magic time for you then build your trading around your schedule not what works for others. Once you have the time to trade, decide [...]

July 28th, 2008

SEVEN: Call It What It Is

If you take trading seriously you will think of trading as a business. Not just a hobby, or a way to get a quick rush, or a way to escape life’s problems, or a way of spending some of your extra time. You can think of trading, as a lot of things but to make [...]

July 25th, 2008

SIX: You Are In Charge

You are responsible for your success or failure as a trader.  You’re in charge of your trading, not the platform, not your broker, not your trading group Just you.  If something goes wrong you are the one that has to figure what to do to get out of any given trade. One of the best [...]

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