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 [...]
January 29th, 2010Money Management 5 of 7
One of the basic laws to be used with the win-loss ratio is good money management. A win-loss ratio can be improved with good money management. The first rule is to trade money you don’t need. If you don’t need the money then you can be more in control of your emotions and your trading. [...]
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 [...]
February 26th, 2009Safe Banking
We thought this was an interesting study on banks. Hope you enjoy it. Also if you are interested here is a quick link to some basic terms in investing that we found easy to follow Tips for Beginners to Retirement Investing Safe Banking in the United States Excerpted from Bob Prechter’s Conquer the Crash If [...]
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