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, [...]

May 20th, 2009

Some Things Successful Traders Posses

1.    They have a trading method or system 2.    They have a set of rules for when to get in and out of the market. 3.    They have discipline to follow through with these rules Trading is about making money, not about being correct in market analysis. If you are trading for any other reason [...]

May 18th, 2009

Pace The Race

When each of us starts trading we all want to make our fortune right away.  But we soon find out that there are some things we need to learn and master first.  It might be technical analysis, gaining control of our emotions, or developing discipline. Trading is a journey.  It cannot be a hobby it [...]

keep looking »