November 25th, 2009

A Trading Plan and Discipline = Keys To success

“Only a trader with a solid, tested trading plan and the total discipline to execute that plan, in all its aspects, will be equipped to take advantage of market opportunities and be a consistently successful trader. All others will fail.” Now ask yourself a couple of questions. QUESTION 1: How many times have you done [...]

November 17th, 2009

Answer To A Question # 17

Question: Your site looks great and seems very informative. I was wondering what the difference is between the Jump Start and Launch pad system that costs money? I’m sure there is value in spending the money on the system, I am just looking for some more details. Also, can you map out an average day [...]

November 13th, 2009

Don’t Swim Upstream

Early in my working life I became a shift manager. When a rush of work came in I would jump in and start working right along with the other members of the team. My supervisor suggested that I not jump in and do the work but look at the big picture and direct the flow [...]

November 4th, 2009

Four Thoughts on Discipline in Trading

We have summarized the comments of 4 traders about being a more disciplined trader. A day traders comments: He is a consistent trader his accuracy was good but would have a blow up one day a month and lose a lot of what he had made. When he realized that being right is not the [...]