Some traders confuse trading with gambling. They start to focus on the winning and losing instead of the decision-making. And that will assuredly lead to ruin — the unfortunate situation where a...
There are a lot of traders that have been trading for 30 years... but not a lot that have made trading a career for 30 years. That's Brian Lund — who caught the trading bug early in his life. He...
In our new trading segment, The Trade, Performance Coach Dan Hodgman breaks down the logistics behind an interesting setup from last week. The first episode talks about one of Dan's favorite trades —...
Being consistenly profitable should be the goal of every trader. It's not about turning a $10,000 account into $1 million as quickly as possible. It's possible, but that will be the same mentality...
Let’s say you’ve done everything right. You know your entry and exit points. You’ve got your stop losses in place. Then the markets open, things don’t go as planned, and you start to lose.
For most...
Great traders and not-so-great traders likely have one thing in common: they’ve all lost a lot of money trading. Trading is a tough business. And between finding a strategy and keeping our mental...
Markets are uncertain and ever changing. If the last two weeks hasn't reinforced that, then nothing will.
As traders that watch the markets every day, it's hard not to form an opinion on where they ...
If we were completely rational, we would not need rules. We would always make trades according to our plan. We wouldn't need a daily loss limit. And we would recognize when our strategy wasn't...
This will be known as the week that the volatility complex blew up. Two major short volatility ETFs literally imploded. XIV — Credit Suisse's short-term short volatility ETF — closed on Monday at...
Blair Hull is a trading legend. He bought the market low of Black Monday, 1987. Twice getting shares at the low tick. And though he finds his edge in math-based models (a byproduct of his start card...
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