Archive for Mo
Guide to regaining your trading optimism
Here’s a blog post with some trading advice for one of the struggling trader’s toughest obstacles - staying positive.
Perhaps you’ve had a string of losing days or even months! Or perhaps you’ve started to become profitable, only to blow it all on one day where your discipline slipped. Its so easy to give in to [...]
How To Put Your Past Failures Behind You And Move On To Trading Success
In the early days of trading, I once lost $1600 overnight because I made a mistake and left two contracts open. Another time I lost $400 and then another $1500 on a mad binge trying to get the $400 back. It was painful. Gut twisting, panic inducing, emotional hell. Not only in [...]
16Jul2008 | Mo | 1 comment | Continued
Book Review: The Trading Method That Can Make You Rich - by Roy Kelly
Priced at $195, used copies almost unheard of, this book with its almost ‘cult-like’ following has intrigued me for years. I finally decided to buy “The Trading Method That Can Make You Rich” and see what the fuss is all about.
14Jul2008 | Mo | 5 comments | Continued
10 Ways to Deconstruct Your Trading and Build a Better Plan
Just like a mechanic, to be successful as traders we need to learn how to diagnose the different aspects of our trading and repair, replace, or adjust them. For some that’s a bit of fine tuning, for some its a complete overhaul!
9Jul2008 | Mo | 1 comment | Continued
Losing? How to Figure Out Where You Are Going Wrong
One of the most common questions we receive at Trading Advice is “where am I going wrong?”. To the new or struggling trader, there can often seem like such a mind boggling array of variables in trading, that it seems impossible to unravel the primary issues.
When you strip away your emotions on the [...]
5 Reasons to Use Cycles in Your Trading Plan
One of the most important pieces of trading advice that I ever received was to investigate cycles. And after 5 years of using a profitable trading system based on cycles, I’m convinced that they are of enormous benefit.
Reason 1
One of my favorite reasons for trading cycles is that a large percentage of traders don’t [...]
10 tips for preparing for a profitable trading day
Every great athlete, musician and professional where the stakes are high, knows that warm up and preparation can make a big difference to performance. Here are 10 tips -trading advice for preparing for your best trading day.
22Jun2008 | Mo | 1 comment | Continued
Is your blood sugar affecting your trading without you even realizing?
This is a slightly different piece of trading advice than the usual! But don’t say that we don’t tell you everything you may need to be successful!!
A few years ago I started to have really bad migraine headaches during and after trading. You can have a profitable trading method and a great mindset, but if [...]
Clearing the way for trading success
What’s standing between you and consistent profitability? Even having found a method that others use profitably, many traders still struggle to turn a profit, using exactly the same method.
If you’ve read some of my early blog posts you’ll know that this was my own painful experience. Having overcome it and gone on to make a [...]
Raving Fans of MarketClub
There’s a jungle of trading advice on the internet. So as a new or struggling trader looking for trading wisdom, you have to be discriminating. Swinging through the trees looking for the juicy fruit, it’s always nice when you come across something really tasty – something that will nourish and support your trading skills rather [...]
13Jun2008 | Mo | 0 comments | Continued
