January 8th, 2009

Confidence & Control (21 of 26)

Knowing you can do it BUILDS CONFIDENCE AND CONTROL. How nice would it to be to turn on your computer in the morning knowing that if you play by the Rules, trade with discipline and stick to your methodology, the probability of a successful day is high.  Knowing that you can grow your account even [...]

November 26th, 2008

4 of 10: NO-RISK Control

Awareness # 3- NO-RISK Control Examples of no risk control are: jumping out of an airplane at 10,000 feet without a parachute, going scuba diving without air in your tanks, or going bungee jumping with out a bungee cord.  Trading with out any risk control will have the same disastrous out come.  To have a [...]

November 24th, 2008

2 of 10: Trading The Big Dollar Moves

Awareness #1- Trading The Big Dollar Moves When trading, how does a trader know which move is going to be the big move.  They don’t.  Trying to catch the big trades alone to get rich quick is a destructive habit.  A trader should take all good signal trades. By doing this, they will make a [...]