All Posts Tagged With: "Trading advice"
Guide to regaining your trading optimism
Even for experienced traders, it can be very challenging mentally when the market environment changes – when strong trends are replaced by sloppy rangebound days that are difficult to trade. The question is, when your method experiences a natural draw down due to market conditions, do you take it personally? Do you start to undermine your ability to stay in the opportunity flow by beating yourself up? Can you distinguish between the kind of tough self talk that helps you to stay motivated, and the self talk that destroys your chances of success? 15Apr2009 | Mo | 0 comments | Continued
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
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
Trading advice for conquering the fear of losing
Here’s a blog post with guidance about one of the most debilitating emotions for a struggling trader – the fear of losing. Sometimes its there from the start and sometimes it develops as you go through a period of losses. It leads to other issues like an inability to pull the trigger, getting out of [...] 30May2008 | Mo | 0 comments | Continued
Trading advice for avoiding losses
As a struggling trader you can safely assume that there is a very cozy and intimate relationship going on between your losses and your self-control. Why is it safe to assume that? Because trading all boils down to your ability to execute your method and money management strategy. If your method works [...] 31Mar2008 | Mo | 0 comments | Continued
Is paper trading dangerous to your success?
There’s often a debate amongst traders as to the value of paper trading – practicing on a simulator. Here’s a blog post with trading advice from the perspective of struggling traders: As a trader trying to establish consistency, you need a method that you know you can rely on to produce consistently profitable entries and trade management. Your method [...] 23Mar2008 | Mo | 0 comments | Continued
Struggling traders’ guide to avoiding chop
Here are three pieces of trading advice to consider adding to your trading methodology to support you in assessing the timing of entries and exits. They can be of great assistance to the struggling trader. These should be seen as a complement to other decision criteria that you use for determining entry and exit based on [...] 13Mar2008 | Mo | 0 comments | Continued
Choosing a method that tells you ‘when’
As I said in my last blog post, what if you didn’t have to be constantly watching the market like a hawk, absorbed in moment to moment price action? What if there was a piece of trading advice that would help you gain some valuable emotional distance from the market you are trading? One of the [...] 6Mar2008 | Mo | 0 comments | Continued
7. The missing trading advice that everyone needs to know in chosing a method
I haven’t yet figured out whether its a conspiracy that is keeping this knowledge from being common place, whether its through ignorance, or whether its just because some people don’t seem to need it. Nevertheless, in this blog post I’d like to share with you a piece of trading advice that had the biggest impact in [...] 4Mar2008 | Mo | 0 comments | Continued
6. Finding your perfect method
Could it be that one of the reasons you’re not yet consistently profitable is that your method just isn’t right for you? Here’s some trading advice for struggling traders on the subject of trading methodology. Its often an incredible relief to a struggling trader to discover that a big cause of their trading challenges isn’t because [...] 4Mar2008 | Mo | 0 comments | Continued
