I remember when I was a kid, people still used paper maps. Remember the folded paper map in everyone?s glove compartment? Having to look at it at every stop light?
The Best Kept Secret
Having been in the trading and investing business for more than 20 years now, I have seen arbitrage opportunities come and go, a real strong edge or two fade away, rules or regulations close a loop hole to some free money and so on.
Are You Asking The Proper Questions?
Here are a few key questions I encourage students to think about and answer when teaching trading courses.
Use Failure to Succeed
Trading is a difficult challenge that will test your emotions more than you can imagine.
A Trading Plan Must
Do you have a trading plan and are you following that plan?
Floor and Ceiling for the NASDAQ
When an object is in motion, the range of that motion is typically very clear.
Don?t Sweat The Trading Losses
If I put each trading loss in its proper place which is in the ?winning? strategy category, all of a sudden a trading loss is a must for success.
Newton?s Law Applied to Trading Profits
Newton?s first law of motion states that every object in a state of motion tends to remain in that state of motion unless an external force is applied to it.
The Picture of Imbalance
If something doesn?t make logical sense, there is probably a better answer that does. By thinking the simple logic through, you will almost always arrive at truth.
Sharpen Your Focus For Consistent Trading and Investing Results
The goal for most traders is consistent profits, life-long income from speculating in markets. The key word in that sentence is ?consistent.?
Horton The Elephant Would use Simple Logic to Trade
For all you Who?s down in Whoville who want to succeed, I have something to say, so take careful heed?Whether your Horton or Mazie, Thing One or Thing Two, you must use simple logic to do what you do.
New Traders Beware
In an age of lighting fast financial information, and data overload, diving into the world of trading can be a frightening challenge for new traders.