January 29th, 2010

Money 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.  [...]

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 [...]