The trading secrets crucial to success that are not talked about much. Here are two more of them: Faith and Forgiveness In Yourself. They don’t cost much money. Their monetary cost is zero. And they give you an edge over others. Yet, there are many traders out there who believe that they have to spend …
There is one overlooked and underappreciated skill that precedes and helps to cause trading success. It is so simple that most people ignore it and go straight to trying to buy and sell using various technical indicators and chart patterns. What is that one thing? It is to learn and master the English Language. Learn …
The surest and fastest way to trading success? It is to avoid the mistakes, the pitfalls, and to focus on what really works. While I can’t presume to know everything about trading, in my decade plus of trading and research and conversations with traders, here are the some of the common trading mistakes. Why …
One of the most hotly anticipated IPO’s of 2017 was Snapchat (SNAP). The stock opened in March 2017 at $24.00 a share. After spiking higher to $29.00, it has since come off a lot. With all the hysteria around a stock IPO, a more objective analysis of what is going on must occur. Let’s analyze the …
One currency pair? Five currency pairs? One stock? A dozen stocks? How many financial instruments can your trading mind hold? How many markets can your mind participate in? These are the questions we will explore in today’s lesson. Let’s begin first with an example from the Chess Grandmaster – Magnus Carlsen Plays 10 …
Too much. Stop doing so much! You might be trying and doing too much, too soon. Have you ever had that thought? From time to time I get messages from traders saying they are overwhelmed with interpreting the information flow for hours and hours every day. Some traders get burned out from it. Sometimes …
The ability to tell. The ability to distinguish. One of the most critical skills as a trader, or even anyone living in the 21st century is that of being able to distinguish between reality vs delusion. To distinguish between trading truth vs falsehood. The trading truth leads to profitable trades and thus trading success. The …
One trading secret lies in plain sight. It seems invisible to most traders. What is it? Enthusiasm There is the grand importance of injecting not just a small amount, but a giant amount of enthusiasm in your trading. Let’s go over all the reasons why this is so: Enthusiastic Traders Lead Better Lives …
There can be more and more trading growth – by doing the simple things. You don’t have to get complicated right away. You can do so much with the simple things. The simple concepts. There was a college basketball coach who did not start teaching players how to do layups or defense. He …
Overwhelm. Almost all of us have felt it at some point. Well, how can a trader really handle it? By realizing the power and progress of doing even simple things. “Success is nothing more than a few simple disciplines, practiced every day.” – Jim Rohn In The Order Flow Profit Ladder, there are …