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 $1 million as quickly as possible. It's possible, but that will be the same mentality...
Let’s say you’ve done everything right. You know your entry and exit points. You’ve got your stop losses in place. Then the markets open, things don’t go as planned, and you start to lose.
For most...
Great traders and not-so-great traders likely have one thing in common: they’ve all lost a lot of money trading. Trading is a tough business. And between finding a strategy and keeping our mental...
Markets are uncertain and ever changing. If the last two weeks hasn't reinforced that, then nothing will.
As traders that watch the markets every day, it's hard not to form an opinion on where they ...
If we were completely rational, we would not need rules. We would always make trades according to our plan. We wouldn't need a daily loss limit. And we would recognize when our strategy wasn't...
This will be known as the week that the volatility complex blew up. Two major short volatility ETFs literally imploded. XIV — Credit Suisse's short-term short volatility ETF — closed on Monday at...
Blair Hull is a trading legend. He bought the market low of Black Monday, 1987. Twice getting shares at the low tick. And though he finds his edge in math-based models (a byproduct of his start card...
Does this sound like a recipe for success?
Get fired from your first job as a clerk at the Chicago Board of Exchange. Get a job as a trader and blow through your stake. Get a second chance and blow...
Futures trading firms have to carry a disclaimer: "An investor could potentially lose all or more than their investment."
While that warning seems overly cautious, on days when the Nasdaq ($NQH8)...
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