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...
Latest Posts
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...
Spread Trading Seminars
The general consensus seems to be that spread trading seminars and courses are a good introduction, but what you learn is only what you can learn from books and the Internet, all for either free, or a fraction of the course price...
Spread Trading Systems – to Use or Not to Use!?
The average spread trader is bombarded with touts and ads as to various systems he might buy or use. But why would a trader use a trading system and which one should you choose? – all this and more is discussed in the...