Written by admin on March 4th, 2009
Richard Rhodes’ Trading Rules
I must admit, I am not smart enough to have devised these ridiculously simple trading rules. A great trader gave them to me some 15 years ago. However, I will tell you, they work. If you follow these rules, breaking them as infrequently as possible, you will make money year in and year out, some [...]
Continue Reading...Written by admin on February 25th, 2009
The Flaw In Our Emotions
As humans we have a natural tendency to try and influence our surroundings and events we take part in. This is one reason as a species we have succeeded but it is also one of the fundamental flaws we all have when trying to achieve success as a trader. As traders we have to realize [...]
Continue Reading...Written by admin on February 20th, 2009
John Murphy’s Ten Laws of Technical Trading
Which way is the market moving? How far up or down will it go? And when will it go the other way? These are the basic concerns of the technical analyst. Behind the charts and graphs and mathematical formulas used to analyze market trends are some basic concepts that apply to most of the theories [...]
Continue Reading...Written by admin on February 4th, 2009
One Simple Thing That Can Improve Your Trading
I am going to share with you a simple discipline that can really help your trading. This simple little act is often ignored by new traders and overlooked by experienced traders.
Here’s what brought me this subject. Whilst discussing the markets with one of my students he was trying to justify a position in the market [...]
Written by admin on December 2nd, 2008
Stock Trading Tools And The Holy Grail
Most people who want to trade, or are beginning to trade the markets (less than 3 years) usually try to search for tools to help them win. They go from program to program, attend seminars, get books, and generally are searching for the holy grail idea that will unlock the mystery of the markets and [...]
Continue Reading...Written by admin on October 1st, 2008
Day Trading: 5 Things You Must Avoid
Day trading can really be a great money making opportunity, especially if you have the resources to spare. All updates are posted in real time online and the trading floor is constantly active that it is truly impossible for you not to be in the loop, unless, you do it deliberately.
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