Tag Archives: trading plan

Minimum Stop Loss

A question came up on Trade2Win that I thought probably was of interest to readers here as …

Adding to Your Winning Trades

At some point just about every trader starts pondering the question of if, when, and how to …

Only for Advanced Traders?

I had an email over the weekend that came in concerning my price distribution trading methodology course. …

Exploring Automated Trading Systems

Fully automated trading through the use of so-called “robots” or “expert advisors” (EAs) at the retail (meaning …

NFA Justifications and Reasoning for Killing Forex Hedging

Marjorie, who has been commenting on the No more hedging for forex traders post, dug up the …

New NFA Rule Impacts More Than Just Forex Hedging

A couple of weeks ago I posted on the new NFA rule which effectively bans the practice …

Big Trading Risk On Small Accounts – Bad Idea

If you’ve been reading my postings here for any length of time you’ll know that one of …

Can a Shared Trading Edge Still be Profitable?

Yesterday I wrote Conspiracies, Regulations, and Trader Paranoia in which I tried to clear up some of …

Shifting from Trade Signal Follower to Trader

Trader Rob from north of the border in Canada (at least that’s north of the border for …

Forex “Hedging” Continued

In yesterday’s No More “Hedging” for Forex Traders post I pointed out a new rule from the …

Help! I Can’t Stick to My Trading Plan

Here’s a question I received over the weekend that I know is one a great many traders …

Stop Getting Hung Up On Stops, Targets, and Risk/Reward

“Is 30 pips a good stop?” “Should I use 50 pips as my target?” “Your risk/reward ratio should be …

Am I using enough indicators?

A little while back I wrote Being a Focused Trader on the subject of traders getting a …

Help With Trading Taxes

I had this question come in yesterday regard finding a tax professional to help with trading related issues. …

Being a Focused Trader

Here’s an email from a member of my mailing list which brings up a lot of the …

Thoughts on CANSLIM

Last week I received an inquiry from a fellow member at Trade2Win. I have your book and …

More Trading Timeframe Questions

Judging by the frequency with which I find myself answers questions about it these days, trading timeframe …

An Investor Learning About Trading

Here’s a note I received from an investor looking to maybe dabble in the trading world. Hi …

Different types of stops

Stops are always a favorite topic for discussion in trading circles. Here’s a recent question that came …

Times for placing trades

Here’s a really interesting trader question that came in via email recently. Trying to be as specific as …

Picking a Broker

I got this broker question the other day. The single most important question would be what broker …

Picking the Right Market to Trade

Here’s a question I know a lot of new traders have – or at least they should …

Screening Stocks for Shorting

 With good reason, quite a few formerly long-only stock traders have been exploring the short side of …

Selecting stocks and ETFs suitable for trading

Picking the best markets and vehicles to trade is a major part of developing your overall trading …

New Micro Forex Futures Contracts on the CME

Many forex traders (or would-be forex traders) look askance at trading in the spot market, especially through …

Supporting Yourself Through Trading

The other day I found the following in my email inbox: I have only managed half the …

A Trader’s Educational Path

I received the following in an email from a member of my mailing list. Because I think …

Software for Backtesting and Order Generation

I get quite a few questions about trading resources. Since I don’t have an encyclopedic knowledge of …

Trading Simply and Using the Right Trading Tools

The other day Brett Steenbarger referenced a post by Trader X in which he talks about simplifying …

currencies

Most Active Forex Currency Pairs

It is often asked what the most actively traded currency pairs are in the forex market. This post provides answers to that very question.

Want Trading Advice? Answer These Questions

If you’re a new trader asking me for advice about how you should move forward I’m almost …

Happy Accidents are Rare in Trading

Brian Shannon at AlphaTrends recently wrote the post Bad Trade Gone Good (with some luck). In it …

Choosing Day Trading

Ray Barros, in his post Day Trade?, brings up the subject of why people choose to become …

Good Trading Goals: Focus on what you can control

Alex at My Trader’s Journal got me thinking about objectives with his 2009 Goals blog post. In …

Dangerous trading myths which aren’t so dangerous

I’ve been receiving a series of emails from a person trying to get me to sign up …

Some Not-So-Great Tips for Using Stop Orders

Stock Trading to Go posted 10 Great Tips For Using Stop Loss Orders Successfully the other day. …

Keeping things simple in your trading

Beanieville posted Don’t Let All Those Technical Analysis Gurus Confuse You on Tuesday with the primary suggestion …

Trading During the Holidays

The question gets asked every year around this time: Is it worth trading during the holiday period? …

The difference between discretionary and system traders

There are, generally speaking, two types of traders in the markets. One is the discretionary sort. The …

Watch your risk when trading multiple forex positions

The other day I received an email from a fellow in which he was describing his trading …

Markets and timeframes for price distribution charting

I received a set of questions following on my How to identify price targets for your trades post …

Are CFD’s good trading vehicles for new traders?

In response to the post I wrote on whether forex is the best market for new traders, …

Forex is the easiest market for new traders, right?

Here’s an interesting question on the forex market asked by a reader named Rod. It’s one I’m …

More trading rules that you might want to ignore

There was a post on the Trading Goddess blog  the other day which included “the four cardinal …

Revisiting the impact of these markets on traders and investors

The other day I asked the question “How have these markets impacted your trading?” (if you haven’t …

Is it ok to leave a trade open more than one day?

Yesterday I started answering an email from a reader, covering the part of what he was asking …

How have these markets impacted your trading?

I get a lot of questions from traders and I answer the vast majority of them here …

Can I build positions by adding to winners?

Over the last two days I have been working through a multi-part query which came in from …

Is it possible to trade only on the monthly charts?

In yesterday’s post I started to answer an inquiry which came in from a prospective equity index …

Which indicators and timeframe can be best used for scalping?

This question came in from a forex trader named Calvin. I am currently trading forex and wish to …