Instead of hating dealers, traders should learn to trade like them. The insights are worth the trouble. A trader stares intently at the three-minute chart of the E-mini S&P contract on his computer and sees that prices are...

What makes a trader successful? Many people have asked me over the years what it takes to be a successful trader. The answer is not clear but here are a few thoughts to ponder and apply. First, successful traders have a complete...

Real or imagined; Does slippage really exist, or are you just making it up? It depends on the type of your order. First let’s begin with the definition of slippage which is the difference between estimated transaction costs...

Having funds with Stops; Another Article on Using Stop Loss Orders – Are stops a good idea? Yep. Why? There are a few good reasons… First, top loss orders are a good form of disaster insurance, though they are far...

First a definition – Technical Analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. Technical analysts do not attempt to measure a...

A brief history of one new trader who did everything just like everybody else, and lost money just like everybody else. It’s an autobiography… In the years I have traded, I have seen many people come and go...

At first glance many people think the better traders, the ones who make all the money, do so by enjoying more winning trades and/or trading at better prices. So when you or I buy a share at £4.50 and sell it at £5.00...

Losers, and what they do; I don’t care what the salesmen, motivational speakers, brokers and your Cousin Bob say to the contrary; losing is the most important aspect of trading. Winning is a distant second. If you go...