Can anyone tell me how much money you would need to make a living on the stock market I have been trading now for 2 years and would like to trade full-time? Answer: This is a question I’ve been asked before. This is not a...
Latest Posts
What Type of Spread Trader Are You?
This article is intended to provide some spread trader types and profiles of traders that I have known. It is intended to be non-judgmental and non-committal, if a trader asked me if I thought they were Trader X I would not...
A Tale of Two Traders
Our first trader is Tom. Tom is an off-the-floor trader who trades the S&P 500 Futures. He’s been trying to be consistently successful for the last six months. Unfortunately, it hasn’t worked out very well. But...
Spread Trading: Discipline and Stretching Yourself
Discipline is the most important part of being a successful trader!” Anyone who has ever traded knows and understands the importance of this statement. Perhaps, some would argue that discipline is the most important factor...
Self-Control: How Well Do You Fight Impulses?
The winning trader is the disciplined trader. Discipline means controlling impulses and controlling emotions. As many novice traders will tell you, however, maintaining discipline is often easier said than done. Not anyone can...
Personality Traits – Taking Risks in Spread Trading
Personality Traits – Taking Risks in Spread Trading There are many ways to spread trade, and traders can have as many different kinds of personality traits as there are ways to trade profitably. But if you want to spread...
Markets are Inherently Random
This article specially applies to professionals like CA’s Dr’s, MBA’s and Engineers, etc who start trading in the markets with a preconcieved set of notions carried over from their professional life. As this was...
Demo Spread Trading…a Viewpoint
Lately, I’m hearing a lot of comments and fanfare in the media about firms which offer spread betting demo accounts and wanted to share my views on trading simulators – please feel free to comment with your own...
A Trader’s Self-Evaluation Checklist
What is the quality of your self-talk while trading? Is it angry and frustrated; negative and defeated? How much of your self-talk is market strategy focused, and how much is self-focused? Is your self-talk constructive, and...
Trading Reflections and Checklist
Accepting the Obvious This past week, I received an email with an excellent question that has bedeviled me in my own work with traders: Why do traders fight breakout, trending moves when they are so obvious? Time and again, I...