A Poker Champion on Making Better Decisions
You may know Annie Duke as the World Series of Poker Tournament of Champions winner in 2004. But you don't make more than $4.2 million in lifetime earnings on the professional poker circuit without...
You may know Annie Duke as the World Series of Poker Tournament of Champions winner in 2004. But you don't make more than $4.2 million in lifetime earnings on the professional poker circuit without...
Today, we continue our September series about how to get better trading every day. And like so many lessons, this one focuses on what you can learn from someone else's missteps. Before there were...
Was I planning on relating trading to Tiger Woods' epic 2018 comeback today? No.
Maybe I am doing it because I was caught watching The TOUR Championship in the office yesterday and said it was for...
Overtrading. It's a bad habit.
Sometimes, we make trades for the simple fact that we are in front of our computers and the markets are open. Then, we hold onto those trades and make them positions —...
Experts say that there is no better way to learn to trade than to teach. That's something that Steve Burns, trader and the founder of New Trader U, has taken to heart. From his time trading the...
We are halfway through our September series focused on helping traders get better every day. We've covered the importance of preparation. We've taken a look at some funded traders (Brian from Brisbane
This is our second piece in a three-part series on the 2008 Financial Crisis. For the first piece, please see “10 Years Later: 4 Universal Trading Lessons from the Great Recession.”
Under normal...
You think that trading legends don't make the same mistakes that you do? You'd be wrong. This year, Bill Gross cost his investors more than $150 million in losses — 8% of his $2 billion portfolio —...
Some people start trading because of the allure of big profits. That is not the case for Brian G. of Brisbane, Australia. He says he was drawn to the markets for a different reason entirely: for the...
"By failing to prepare, you are preparing to fail." — Benjamin Franklin
The market is not going to give you anything. If you don't prepare for the trading day, your screen won't flash a message to...
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CFTC Rule 4.41 – Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.