Introduction

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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
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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
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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 [...]

15Jun2008 | Mo | 2 comments | Continued
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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
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4. The 3 Pillars of Successful Trading

One of the first things you learn when you begin trading, and as you saw in the self-evaluation, is that there are three main areas of focus for the trader: Methodology, Money Management and Mindset.
I’m not sure how obvious this is to you at this point, so excuse me if I’m hammering you over the [...]

20Feb2008 | Mo | 0 comments | Continued
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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
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2. What’s it going to take to become profitable?

Trading advice blog boils it down to the most basic terms:

A methodology or system that is consistently profitable and that you can trade consistently profitably.
A practical system for risk/money management to protect you from yourself, that you follow as though your life depends on it, and that has an over-ride for the days you don’t.
A [...]

19Feb2008 | Mo | 0 comments | Continued
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1. Get rid of your trading worries once and for all

Before you begin reading this trading advice blog, take a journey with me back to January 2003… You’d see me sitting on the side of the bed, a 35 year old man, balling his eyes out. Pathetic? This is how I got there…
I’d been trading on and off since 1999. I’d burned through my account [...]

19Feb2008 | Mo | 0 comments | Continued