Reviewing trades is an excellent way to confirm what you are doing in your trading is correct, or to find areas in which to improve.
Trend Change Warnings
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Multiple Asset Classes?
Throughout my trading career, I have always looked at multiple assets as a way to enhance my trading success. I have noticed that traders who focus on multiple assets such as stocks, commodities, currencies, and bonds, have better trading results than those who only trade one asset alone.
Getting Paid
?Cut your losses short and let your profits run.? So many traders chant that mantra while working in the markets. Anyone who has ever had money in the markets knows that this is an easy thing to say but much harder to actually do.
Higher Time Frames, Higher Probability
It is all too easy to get tunnel vision when it comes to trading. Often when a person trades, they will focus so much on the time frame on which they are identifying their trades that they fail to acknowledge the dangers that can affect their trade from a larger time frame.
How Long
A common question I get from students is: ?How long should it take me to become successful in trading?? This has always been an extremely difficult, if not impossible question to answer. The reason is that everyone is different. We all have different abilities and also define success very differently.
Strong or Weak Reversal?
One of the things I learned through my studies of the markets is how to judge the potential strength of a trend reversal.
Pre and Post
For those of you who may not be aware, there is trading that occurs before the 9:30am official market open and also well after the 4:00pm close. I want to caution you, this is not an invitation for you to trade during this time.
Breaking Down the Door
As traders, we are taught to buy in/near demand zones and sell in/near supply zones. The main thing that we must identify is whether or not the zone is likely to hold or break.
I Spent $6 Billion and All I Got Was the Same Government
Now that the election is over, America begins its next chapter with many of the same problems looming. First and foremost is the ?Fiscal Cliff? we are facing as a nation.
Bounce or Break
The biggest question that most traders face when determining whether or not to enter a trade is whether the price will bounce or break a level.
How Much is Too Much?
Having a large number of positions is actually detrimental to your investment portfolio.
Is It Really That Simple?
During a live trading exercise in class, a student exclaimed, ?Can it really be this easy to make money in the markets? It is so simple!?