TEN: Must Have Trading Tools (10 of10)
Click here for Post Nine of ‘What Trading Really Is’ Series A trader must see the big picture in trading to survive and prosper. If you only look at the small time frames you are only seeing the foothills of a tall mountain. It is necessary to look at the larger time frames and [...]
March 31st, 2009Details Make The Difference
Here are some tips for making sure you come out ahead in your trading account so you are not wondering what happened to your money. These tools are over looked by many new traders. After looking at some of the differences between the successful traders and those that are no longer traders we find the [...]
January 28th, 2009Trade Journal Entry
This week has been a productive trading week. I have been spot on in my trades. I am up in all of my accounts for the week by the follow percentages: (1) 3%, (3) 5%, (1) 13%, (1) 23%. It is Friday morning and I have been at the computer for a little over 30 [...]
December 16th, 2008Keep things in perspective (6 of 26)
Keep a trade log or journal of your trades for the day or week. If you know that your biggest winner is 50 pips then do not allow a losing trade to be larger than 50 pips. If you do allow a loss to exceed your biggest gain then, effectively, what you have when you [...]
November 21st, 2008Trade Journal Entry 11-21-08
This week has been a productive trading week. I have been spot on in my trades. I am up in all of my accounts for the week by the follow percentages: (1) 3%, (3) 5%, (1) 13%, (1) 23%. It is Friday morning and I have been at the computer for a little over 30 [...]
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