When it comes to entry points into a trade, most traders are always looking for the entry to offer confirmation and very low risk. The trap they run into is thinking they can have both at the same time.
Who Makes a Better Trader, Men or Women?
This is always a hot topic and one I have plenty of experience with and have written about before.
New Traders Beware…
The day someone decides they are going to pursue a trading career, they are typically making that decision because of the potential financial prize.
The Fear Issue
Speculating in markets is a difficult challenge that can test your emotions more than you can imagine; there is a reason for this.
Novice Gaps – Easy Opportunity for the Professional Trader
Novice gaps are the ultimate picture of novice greed in the market.
Supply and Demand – Inside the Breakout
The key to profiting in any market is to have a simple strategy that has you buying low and selling high. The Forex markets, however, are a set of markets that allow traders, on occasion, to buy high and sell higher.
Three Simple Principles
I have been involved with trading and investing for more than fifteen years. The low risk profits I have produced are a function of trading what is real, not what I feel.
Why Prices Really Move in a Market
Have you ever asked a group of people what makes price move in a market? Try it sometime and notice how many different answers you get.
Multiple Time Frames = Greater Odds of Success
If you are a one time frame active trader, you are like the one trick pony. As soon as another pony comes along with two tricks, the one trick Pony can't compete.
A Smarter Way to Trade the Breakout
Trading breakouts can be high risk, high stress, low reward, and low probability or this strategy can be low risk, low stress, high reward, and high probability. The difference lies in how you enter into this type of position.
The Social Media Buy Signal
I am so grateful that I had the privilege of starting my career in the financial markets on the trading floor of the Chicago Mercantile Exchange. The most important lesson I learned was how money is REALLY transferred from one trader's account to another.
Is Trading Gambling? Part 2
Last week, I wrote about trading and gambling. Specifically, how trading is the one form of speculation on the planet that allows you to stack the odds in your favor before putting any of your hard-earned money at risk.
