Tag Archive
Top Ten Reasons Traders Lose Their Discipline
The following was part of an email that was sent to me. I found the 10 points to be very solid and many really resonated when I look back at the tough times I have gone through as a trader. I do not know the author of these points, so my apologies on that. If I find out (or if... »
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... »
Proper Position Sizing for Trading
Proper position sizing is something many traders never even think of, let alone learn to master. Here is a very quick guide to position sizing. I am publishing a full article on this topic and will post the information on where it can be attained when it is available. So in the meantime…. To determine our positions size we must first... »
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... »
7 Metrics to Analyze Your Trading System
7 Metrics to Analyze Your Trading System By David Jenyns 1. Win-to-loss ratio When assessing the performance of a trading system, one of the first statistics that gives you a good indication of tradability is the win-to-loss ratio. Quite simply, this is the ratio of the average winning trades taken against the average losing trades taken. If this ratio indicates you are,... »
15 Great Day Trading Tips
15 Great Day Trading Tips By Christopher Strudwick Reports of investors making huge profits in the stock markets have been published in various newspapers around the world. This has pulled in many first time investors to the stock market. Day trading is one of the systems gaining in popularity with investors. But day trading is fraught with dangers. Though you are able... »
Ask Yourself These 5 Trading Money Management Questions
Ask Yourself These 5 Trading Money Management QuestioAsk Yourself These 5 Trading Money Management Questions By David Jenyns Trading money management is fundamental if you are to achieve your goal of financial freedom. The first step you will take in setting your trade money management rules is to define your trading float, in other words, the amount of capital that you have... »
8 Trading Rules
These are the 8 Rules of "Carney" from the book "Ugly Americans" by Ben Mezrich (published by Harper Perennial). They are pretty good so I thought I would reproduce them here. Check out the book, it isn't too bad. Not as much trading material as I was hoping for but still an entertaining read. 1. Never get into something you can't... »
The Top 10 Day Trading Goals for 2009
The Top 10 Day Trading Goals For 200The Top 10 Day Trading Goals For 2009 By William Potter There is no better feeling than setting some aggressive day trading goals and meeting and or surpassing them during the year. The great thing about ending one year and starting a new year is the ability to start with a clean slate and establish... »
7 Tips on the Right Way to Build Discipline
7 Tips on the Right Way to Build Discipline Via Journali7 Tips on the Right Way to Build Discipline Via Journaling By Joshua Geralds A few quick tips! 1) Be quick but accurate 2) Be honest 3) Be regular These are my 3 B's of journaling next up or the 3 Ds' 1) Don't get distracted 2) Don't discuss your entries 3) Don't clean up your entries Lastly I have... »
