Correcting A Misguided Thought Process 7 of 7
We have gone over some guidelines to help keep our thoughts about trading clear and on track. We have talked about: Having a trading system and a set of rules. Using trading capital that will not have an impact if it is lost. Develop a win-loss ratio Good money management When we lose it can [...]
February 13th, 2010When should I Review My Trading results? 6 of 7
How much of my account can I lose before I go back to demo trading and review what I am doing wrong. We have heard from 10% to 35% draw down before you should stop trading and analyze what is happening. We lean to the 10% area. You will have to decide what is right [...]
December 17th, 2009Do We Learning From Our Mistakes 1 of 7
As we all know loosing is a part of trading. Win some and lose some. A trader needs to get use to losing. That does not mean you have to lose all the time but it will happen. Once you have entered a trade then it is a matter of managing the trade that makes [...]
December 10th, 2009DOMINATING THE FEAR OF LOSS A 7 PART SERIES
In this series of thoughts we are trying to point out some things to keep traders in the trading game. The suggestions are not major changes; they are little adjustments to keep you on track. When a trader starts out with a plan, and follows some rules he will be way ahead in the long [...]
December 3rd, 2009A Traders Focus
Have you stopped lately and thought back as to why you are trading. Or do you need to stop and figure out why you want to get into trading in the first place? Is it to build capital or is it to trade full time to replace your income, or for some extra income? WHY [...]
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