This morning, I happened to catch a video on YouTube. It was something about the coolest guy on Earth. It made me think about being cool and having your act together as a trader. Trading can be fast-paced. As an active trader, you may sift through a barrage of information from media reports to earnings statements to unexpected national events. It's sometimes hard to make sense of it all, and to se...
Trading Educators Blog
Do you have trouble pulling the trigger? Do you doubt your decisions, or close out a trade before your trading plans come to fruition? Do you over-analyze data and end up missing a major market move? How many profitable trades have you missed because you have frozen at critical moments? If you answered "yes" to any of these questions, you may have a problem with analysis-paralysis. Putting your mo...
Diversification is one of the crucial factors in the success of some, but not all trading plans, and may in fact make the difference between success and failure of the plan. Putting all your eggs in one basket is not a good idea for some traders. This approach takes the position that rather than trading ten contracts in one market, look to trade smaller amounts in several different markets. The ai...