1. There are some market conditions that are very hazardous to trade. It is easy (but wrong) to assume that trading is like any “9 to 5” type job where you sit at your desk, do your thing, and have a reasonable chance at success. (more…)
Please login to view Member Content. To inquire about membership please click here.Gene from Houston made an interesting point about discipline for traders who are working to become successful as traders after they have achieved success in other fields. Gene is an example of a “second career trader”. He, like many of the traders in the Electronic Trader Mentoring Program, has already had a full life that included success in another field. (more…)
A new trader in the Electronic Trader Mentoring Program, previously successful in the insurance business, told me that he did not know exactly how he was going to become successful as a trader, but he knew that he would not fail. (more…)
Please login to view Member Content. To inquire about membership please click here.Once you have decided that you will not fail at trading, you need to get your personal house in order. (more…)
Please login to view Member Content. To inquire about membership please click here.Daniel Burnham, the famous Chicago architect who oversaw the design and construction of the 1993 Columbian Exposition in Chicago as well as dozens of the most architecturally important buildings in Chicago, said of planning: (more…)
I. Now, that you have resolved that you will not fail;
II. Now, that you have set yourself up for success; and,
III. Now, that you have a clear plan,
All you need to do is implement your plan and monitor your progress against your plan. (more…)
Please login to view Member Content. To inquire about membership please click here.1. Jeff Quinto has mentioned in the past that “it is much better to miss out on a good trade than to stumble into a bad trade.” I really discovered the significance of this statement this week, as the higher level of volatility required me to exhibit much greater patience (more…)
Please login to view Member Content. To inquire about membership please click here.What I Learned This Week
1. Be careful when you return from vacation. At the end of last year, I (more…)
Please login to view Member Content. To inquire about membership please click here.I would not have predicted that I would be enthusiastically writing an article on calisthenics for your eyes. (more…)
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