Tag Archive
Self-Control [In Day Trading]: Biological Factors
This article was sent to me by a friend, and I thought it was very good. I am not sure of the source of the article (so if anyone knows, please let me know) but it takes a look at why as day traders it can be hard to stick to our trading plan. Day trading takes self control; whether... »
Futures Trading – Begin With an End in Mind
By Jared P Erni Those who are successful day traders understand that 90% of trading is psychological; the other 10% is what you know about the markets and your strategy. It is interesting that many who try learning to day trade end up losing because they focus too much on the markets and not enough on themselves. Although there are many... »
Programming Confidence For Futures Traders
All of the successful traders that I have known have had one thing in common. They are supremely confident in their ability as a trader. However, if you are not yet a successful trader, how can you gain confidence? The answer is that you need to believe with all of your being that you are the successful person you intend to... »
Is Oil About to Break?
If we look at the CBOE index, which has had a tendency to lead oil prices at market tops, we have seen it already start to turn and is now heading to test the supporting trend line. That trend line currently rests just below 580, and the close today was 585.99. Crude has seen a massive run up since February, and... »
Experience is the Best Teacher – But the Student is Dead Before the Lesson is Finished
By Jeff Quinto I like the quote above because it points to both the benefit of experience and the problem with it. In trading, experience is a great teacher, but trading is hard enough without having to wait thirty years to get the benefit of thirty years worth of experience. This is where learning from someone else, mentoring, can give you... »
Currency Converter to Cash Cow
This article is basically addressing the special role that the Forex market has played in these bearish times for commodities trading. Many traders who have been stuck in the commodities game have of late lost much of their trust in the traditional markets and with the big names stuck in a rut or constantly falling, they need an alternative solution... »
How to Manage Risk to Boost Trading Profits
How to Manage Risk to Boost Trading Profits By Scott A. Cole It never ceases to amaze me, after years of observing and participating in online investing and trading forums, how most amateur traders are obsessed with finding a holy grail trading system. No matter what instrument they trade, stocks, Forex, Commodities, etc., they all have the same attitude. In my experience, most... »
What Losing Traders Do – Multi Millionaire Trader Gives You Some Priceless Pointers
What Losing Traders Do - Multi Millionaire Trader Gives You Some Priceless Pointers By Vince Stanzione I have been trading futures, options and equities for around 23 years. As well as trading my own money I have traded money for banks and I have been a broker for private clients. Over the years I have been fascinated to discover the difference between... »
Futures Trading – Begin With an End in Mind
Futures Trading - Begin With an End in Mind By Jared P Erni Those who are successful day traders understand that 90% of trading is psychological; the other 10% is what you know about the markets and your strategy. It is interesting that many who try learning to day trade end up losing because they focus too much on the markets and... »
