Posts Tagged by trading plan

What Losing Traders Do – Multi Millionaire Trader Gives You Some Priceless Pointers

What Losing Traders Do – Multi Millionaire Trader Gives You Some Priceless Pointers By Vince Stanzione I have been trading futures, options and equities for around 23 years. As well as trading my own money I have traded money for banks and I have been a broker for private clients. Over the years I have…

What Hitchcock teaches us about stock trading

By Cory Mitchell, CMT “We humans like to see ourselves as rational creatures.  We imagine that what separates us from animals is the ability to think and reason.  But that is only partly true: what distinguishes us from animals just as much is our capacity to laugh, to cry, to feel a range of emotions.…

Top Ten Reasons Traders Lose Their Discipline

The following was part of an email that was sent to me.  I found the 10 points to be very solid and many really resonated when I look back at the tough times I have gone through as a trader.  I do not know the author of these points, so my apologies on that.  If…

The Trading Mistake That is Guaranteed to Ruin You

I was talking a with a trader the other day who is struggling and he mentioned a tendency that he has.  I think all of us have done this at some time or another, but if we don’t grow out of it, it WILL end our career. The problem could be described as Risk Spikes. …

Proper Position Sizing for Trading

Proper position sizing is something many traders never even think of, let alone learn to master.  Here is a very quick guide to position sizing.  I am publishing a full article on this topic and will post the information on where it can be attained when it is available.  So in the meantime…. To determine…

USD/JPY Forex Swing Trade Signal and Set-UP

The USD/JPY pair broke above the 99.50 resistance level a few days ago, and has since retreated. The retreat took the pair back to a low 99.30 – right near the top of the old resistance area. The fact the market held this level, combined with a strong day today which is pushing the price…

8 Trading Rules

These are the 8 Rules of “Carney” from the book “Ugly Americans” by Ben Mezrich (published by Harper Perennial). They are pretty good so I thought I would reproduce them here. Check out the book, it isn’t too bad. Not as much trading material as I was hoping for but still an entertaining read. 1.…