To Real Traders, This Is All That Matters…
Pattern recognition, effective trade management and personal discipline is all that matters for real traders. Opinions? Don’t matter. Market movement reasons? Price movement and patterns should tell you everything you need to know … and “everything” is nowhere close to an exaggeration.
Plenty Of Trading Styles Out There; Have You Found One That’s Right For You?
There is of course
no “right” way in terms of a one-size-fits-all holy
grail style which too many continue to spend countless hours
seeking.
Why Do I Use Four Time Frames?
I never believe in discussing market patterns–even
with my daughter’s pet fish–without reference to at
multiple perspectives.
This Is Not ‘A Game Of Perfect’
Similar to golf, we’ll first define game as one’s complete trading approach that effectively blends a trader’s comfort level, personality, preferred technical tools, risk tolerance, etc., and that has a proven profitability record over time
Two Trends That Gave Guidance This Week
We’ll all be better traders if we focus exclusively on our own task at hand
Five Things That Don’t Matter To A Trader
Here are
five areas that, while offering potential benefits, can be
harmful if used inappropriately as you manage your trades.
Results from your last trade, last week’s trading, last
year’s trading, etc. etc. OK, they may provide va
Who Are The True Survivors In Trading?
Typically, it’s those who speak the softest, have
private goals, and simply focus on getting the job done who
— to borrow a line from the “Survivor” series —
outwit, outplay, and outlast the others. And whether it
be on sport
Making Mistakes — And Still Making Money
Both major markets concluded an excellent week of trading on Friday with excellent two-way opportunities. For the week,
What You And I Have In Common With The World’s Best Trader…
You and I will share something in common with the world’s
best and worst trader, whoever they m
Six Ideas To Help Your Trading In 2004
This isn’t pie-in-the-sky, theoretical
mumbo jumbo meant to provide content for a sappy year-end
piece. Rather, it reflects my own experience over the past
year which I’ve turned into early-year resolutions, in most
cases as rei
Discretionary Vs. System Trading
Those that have followed me over the years know that I am a strong advocate of trading (and therefore teaching) based on a combination of technical analysis and human judgment, vs. trading an outright mechanical system. Now before my inbox floods with mail from system traders sharing o
Views From The Real World
This is a business that is as much about taking and
absorbing market jabs in a manner where you can continue
fighting without losing your mind and capital, as it is about
findi