Best of Trading Advice
Top Lessons from Trading in the Zone – Part 1
Trading in the Zone by Mark Douglas is THE definitive handbook for establishing an effective trading mindset. Consistently profitable traders all over the world attribute a significant part of their success to the implementation of Mark’s thinking strategies. 4Aug2008 | Mo | 1 comment | 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 [...] 7Jul2008 | Mo | 0 comments | Continued
Profitable Cycle Trading Method – Part III
Read Profitable Cycle Trading Method – Part II here. Cycles are rough sine waves. A cycle moves up until it reaches a high then curls down moving downward until it reaches a low before it curls upward once more. When a cycle has bottomed out, curls up, and then starts moving upwards we can say that [...] 12Jun2008 | Mo | 0 comments | Continued
Profitable Cycle Trading Method – Part II
Read Profitable Cycle Trading Method – Part I here Principle 4 Discipline. The most fundamentally important part of making this method work is self discipline. To be consistently profitable you need to be disciplined every trade, every day. The one time when you relax your rules, you can be sure will be the time it will come [...] 8Jun2008 | Mo | 0 comments | Continued
Profitable Cycle Trading Method – Part I
Many traders don’t like to share advice about their trading system because they think it will lose it’s edge. Here at Trading Advice blog our philosophy is that there’s plenty to go around! This is the first in a series of three blog posts that shares one of my favorite cycle trading methods in detail: First things [...] 2Jun2008 | Mo | 0 comments | Continued
How do you measure up? Use this free self-evaluation to identify your trading strengths and weaknesses
Before the trading advice gets going it will probably be helpful for you to know where you stand regarding the main pillars of trading. Obviously there isn’t a ‘one size fits all’ prescription for turning your trading around so by evaluating yourself, you’ll know where you need to focus the most. Here’s the evaluation… 20Feb2008 | Mo | 10 comments | Continued
