February 13th, 2010

When 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 [...]

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 [...]

July 31st, 2009

3. Identify your remarkable strengths. 3 of 12

As part of you trading plan you should find out your win-loss ratio.  This can be done by using the “Trade Tracker”. When you purchase launch Pad you will find the “Trade Tracker” as one of the tools.  By tracking groups of say 20 trades at a time, and filling out the questions on each [...]

July 29th, 2009

2. Define your ideal trade. 2 of 12

New traders try to learn how to do everything and never become good at anything.  You must narrow your trading focus to grow.  Look at your current personal schedule.  What time do you have available to trade?  Why are you trading in the first place?  You’ll probably find that you can only trade a certain [...]

July 27th, 2009

Create a Stellar Trading Plan in 11 Easy Steps 1 of 12

The single most powerful trading tool on the planet is a trading plan. Now before you roll your eyes and run for the hills, let me clarify. I am not referring to an academic exercise from a book. I’m talking about a simple plan that details who you are, what you are going to do, [...]

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