The Traders JournalAugust 16, 2013 at 11:30 AM
Don’t ever try to stand in front of a fire hydrant to quench your thirst – you’ll hurt yourself! The same holds true if you try to trade the stock market without a clear methodology. Global internet stock markets offer 24/7 temptations to those investors with no control...Read More
The Traders JournalAugust 09, 2013 at 11:30 AM
The average investor would be totally discombobulated if they witnessed the effortless manner in which money sometimes just flows into the accounts of exceptional traders. The fact is that these consistently profitable investors are different from most people...Read More
The Traders JournalAugust 02, 2013 at 11:30 AM
We investors are always searching for extra “probability points” which will increase the likelihood of us trading for profits. Stage #2 is where you have big leverage and garner lots of points...Read More
The Traders JournalJuly 26, 2013 at 11:38 AM
Money management is the first step to becoming a consistently profitable investor. It’s all about working wisely and moving the odds in your favor...Read More
The Traders JournalJuly 12, 2013 at 11:30 AM
I just spent a couple of days in Utah at Ford’s Performance Racing School being tutored by four highly accomplished professional race car drivers. I enjoyed the role reversal – the teacher becomes the student...Read More
The Traders JournalJuly 05, 2013 at 11:30 AM
The last trading hour in the markets is like “The Hour of Power” television show. It matters! The last hour has a lot going for it. It is when the big institutions (a.k.a...Read More
The Traders JournalJune 28, 2013 at 11:30 AM
Some battles you stay and fight. Others you best walk away from. This is the part of my day when I decide which is most appropriate. I love a steroidal stock chart as much as the next guy, but one can’t minimize the importance of context and the total market picture...Read More
The Traders JournalJune 21, 2013 at 11:30 AM
Inevitably, there comes a time during the trading day or the trading week that I ask myself, “why am I doing this?” If you’ve already given this critical query serious thought before you encounter the questioning pit, any momentary uneasiness simply creates a brief pause that’s b...Read More
The Traders JournalJune 14, 2013 at 11:30 AM
I actually wear my office during the trading hours. “All work is social,” claims Larry Prusak, director of IBM’s research labs, and that is how I see my work as a stock market trader. My downtown office offers face time with the markets in a manner that working at home does not...Read More
The Traders JournalJune 07, 2013 at 11:30 AM
Some people meticulously prepare and perfectly execute a mountain ascent, catching the significance of both the experience and the view from the top. Others just catch a cold...Read More