Category: Trading Tips

Articles and comments intended to help teach trading and investing to new and novice market participants.

Your trading success is determined by your trading consistency

Consistency is the key. When I was coaching volleyball I was involved in a discussion with one …

Trading forum discussion – let’s keep it civil

Trading discussion forum sites and chat rooms can be great resources, but they can also become major …

Trading discipline isn’t a matter of just deciding to be disciplined

The other day, Brett Steenbarger posted something which I think really is worth some thought and follow-up. …

What are three things traders can do to coach themselves?

Brett Steenbarger asked me to help him with the new book he’s writing on the subject of …

Company Earnings Conference Calls

I’ll admit it. One of the less enjoyable parts of my job is covering earnings conference calls …

Revisiting Average True Range (ATR)

Corey over at Afraid to Trade posted a piece in which he discusses the use of ATR …

Bank Fed Borrowing Doesn’t Mean Rapidly Rising Money Supply

Do me a big favor. Don’t be this guy. “Banks’ borrowing at the rate climbed to a …

Being a top 5% trader with almost no effort

I took part in this year’s CNBC portfolio challenge. Well, I sort of did. I’m not a …

When the market rallies that fast, beware

Yesterday was a classic stock bear market rally of the sort which happens when the market reaches …

Individual traders who call a bottom are generally wrong

One of the blogs I follow is The Financial Philosopher. He doesn’t post as frequently as many …

Emotions in Trading, Prop Trading Firms Scams?

Brett Steenbarger has posted a couple of good entries in the last few days. They tackle quite …

pennychart

Thinking Like a Professional Trader

If you want to get the most out of your trading, treat it like a business. Think about the value proposition behind the time, information, and tools you use.

Why New Traders Fail

There is a discussion on the Trade2Win forum regarding the reason why new traders so often fail. …

Understanding the Trading Quest for the Holy Grail

Ray Barros has posted a very interesting article on his blog which discusses the basis for the …

Crude Oil Prices and the Economic Stimulus Package

In case you weren’t sure how much of an impact fiscal policy could have on the markets, you should …

Fixed Income and Stock Trading

I have written before on the value of understanding the fixed income market. Interest rates play a …

Trading System Rules I Disagree With

Pip Wrangler recently posted a list of criteria for making money with a system. Several of his …

A Word of Warning on Trading Vendors

I received an email over the weekend from a woman who wanted to know about the forex …

The Knowing-Doing Gap

I think most of us realize pretty early on in our trading development that there can be …

Track Market Volatility to Improve Trading Performance

Over the weekend Brett Steenbarger posted The Psychology of Market Volatility to his blog. He makes some very …

Respecting Your Stops is Easier With Better Stops

Dinosaur Trader wrote a post on his blog about respecting your stops. Basically he’s talking about not …

A Trading Blow Up Unfolds

It’s a bit sad thing, and not for the delicate types, but if you’re a new trader you …

Taking Time Off from Your Trading

Do you take trading breaks? Do you take vacations from the screens and prices and CNBC coverage …

secretlock

The Secret to Trading Success

Do you want to know what the secret to profitable trading is? Then give this blog post a read. You just might be surprised at what you read.

My First Major Lesson: Trade to Your Personality

I was interviewed for an upcoming podcast/internet radio thing earlier this week. I was asked what my …

If You’re Going to Provide Advice on Trading, Don’t Be Ignorant

Yesterday I started answering a LinkedIn question post about trading for a living. I mentioned then that …

Good Trading Doesn’t Happen Overnight

One of the biggest problems I see new traders struggle with is the mindset that somehow trading can …

Learning Trading from Books, Courses, and Websites

I frequently come across traders in websites and on their blogs talking about the value or uselessness …

Watch Your Open Orders!

In my ongoing quest to educate traders and help them along the path of trading development, I …

The Most Important Trading Plan Element – Sticking to It!

Seemingly way back when I started my sequence of posts on creating a personlized trading plan with …

Bear Stearns and Enron – Learn the Lessons of Diversification

Diversification is talked about quite readily in investing discussions. We all know it’s something very worth applying …

Putting Together Your Personal Trading Plan – Part II

Yesterday we started looking at the real details of your trading plan. Today that continues. As has been …

Putting Together Your Personal Trading Plan – Part I

In my last post, The Required Elements for Your Trading Plan, I started taking you into the …

Assessing Your Trading Skills

Here’s the next installment in the trading plan sequence of posts I have been running as excerpted from …

Making Money While Being Wrong Most of the Time

Last week was pretty poor by the standards of the year so far. Among the trading strategies …

Assessing Your Trading Market Knowledge

Here’s the next installment in the trading plan sequence of posts I have been running over the …

Assessing Your Trading Expectations for Your Trading Plan

I took a bit of unexpected hiatus from the trading plan discussion yesterday, but today we get back …

Continuing to Assess Your Trading

Yesterday I started you on the process of working through your Personal Assessment. Today I will continue on that path. Again, this …

Your Personal Trading Assessment

In this post I will continue on the series I started last week relating to developing a strong, …

How Does One Develop Trading Plan?

This is the second part of a series on creating a trading plan for yourself. The material …

tradingplan

Creating Your Own Trading Plan

Every trader needs to have a solid, well-developed trading plan of their own. This post will get you started putting one together that will help you get the most of your trading.

I’ll Take Experience Every Time

When I was a volleyball coach (youth and college) one of the things that was very readily …

Sometimes You Need to Trade Scared

It is very often true that doing the easy thing is not the right thing. I’ve been …

A Reason to Know Your Broker’s Financial Strength

There’s an article in on the Financial Time’s site that is worth giving a read. It involves …

Trading Bias – Do You Do Better Long or Short?

Do you find that you trade better short than long? Or maybe you trade more profitably long …

Treat the Disease, Not the Symptoms

I’ve recently been involved in a discussion on the StockTickr blog on the subject of trading mistakes. …

Internet Stocks Crash Redux?

I had an interesting conversation recently. The main subject wasn’t at all about trading or investing, but …

Are You Addicted to Trading?

There’s a New York Times article that’s caused some buzz among the trading bloggers today. Naturally, the …

Trading Education and Trader Development – What You Need to Think About

In response to my Take the Trading Long View post from the other day, Brett Steenbarger has …

What Does This Chart Tell You?

Charles Kirk (Kirk Report) has put up something a little bit sneaky, but which has important implications. Check …