Assuming that you’ll be able to increase your position size rapidly, or even steadily, growing your income may pose more problems than you expect. Account size permitting, position size should be increased incrementally, so as not to trigger anxiety or […]
I love trading for a living. It provides the flexibility and time to do things I love. I know many of you want to trade for a living, maybe because you are unsatisfied with your job, or you enjoy studying […]
Meditation, visualization, and hypnosis are used by athletes and other professionals to improve performance and reach goals. But can meditation help traders? The short answer is, yes! Meditation isn’t the woo-woo hippie practice many have been led to believe. Neuroscientists have […]
There are personal and psychological reasons most traders lose money, but there are also systematic ones. Not everyone can win, so traders without refined processes and mental strength will become the ones that lose. Learn why most people lose, and […]
This is a roadmap to becoming a profitable trader. Follow these steps to avoid wasting time and bouncing around from idea to idea. We start with a basic strategy idea we like, then build off it. We MAKE it profitable […]
Stop looking for the perfect strategy or even trying to predict the market. With Scenario Planning you take the guesswork and frustration out of trading, improving your focus and your results. No matter what the market does, you know what […]
Losing is inseparable from trading. Losses will occur, and trying to avoid losses can be the demise of a trader, on any time frame. Whether someone is a day trader or an investor, not accepting losses is a recipe for disaster. […]