All Posts Tagged With: "Trading advice"
5. How clear are you about your trading methodology?
In the last trading advice blog post, we discussed the relative importance of Method, Money Management and Mindset. I don’t want to give the impression that methodology isn’t important – it is. The more confident you are in your method, and proficient you are in trading it, the more you’ll be able to make it [...] 21Feb2008 | Mo | 0 comments | Continued
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 [...] 20Feb2008 | 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
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 [...] 19Feb2008 | Mo | 0 comments | Continued
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 [...] 19Feb2008 | Mo | 0 comments | Continued
