BUILDING A SUCCESSFUL TRADING STRATEGY

What does it take to develop a successful trading process? Simply put, a combination of technical analysis (TA) and psychological analysis (PA) with an emphasis on the psychological.

SOMETIMES I JUST SITS

Sitting is ok when the markets are not set up for your trading edge…if you have one.

ON BEING WRONG

I am a trader. As a trader I manage uncertainty, or the unknown right side of the chart.

LEARNING FROM OUR STUPID MISTAKES

We were born to screw up, make stupid decisions, rationalize the irrational, form biased opinions even though standard economics assumes otherwise.

THE FUNDAMENTALIST VERSUS THE TECHNICIAN

Well, we can use all kinds of fancy, detailed explanations or we can keep it simple. I choose to keep it simple.

BUILDING A SUCCESSFUL STOCK TRADING STRATEGY

We kicked off our latest webinar with a discussion about how best to build a successful trading strategy.

ALL STOCK MARKET MOVEMENTS ARE BASED UPON …

Markets do not move from one minute to the next based on fundamental or technical reasons.

CAN YOU HANDLE THE TRUTH? WE ARE NOT RATIONAL

Our “rational” decisions are systematic and predictable…but not in the way we think.

STOCK TRADING…IN THE CROSSHAIRS: EXPECTATIONS VS REALITY

In our latest LIVE WEBINAR we discussed how our expectations can cause any number of negative effects on our trading, including ultimate disaster (or the inability to trade another day).

TRADE WHAT IS NOT WHAT YOU THINK SHOULD BE

Trade what is…not what you think should be.