Note: In the next three lessons you will be shown, in detail, how to construct proprietary indicators for yourself. You may wish to set up your own spreadsheet to calculate these indicators. However, the calculations presented...

If the benchmark is considered as a target which is measured against itself, then the benchmark’s defensive and offensive scores are always equal to 100. For that reason, the benchmark is always located at the center of the...

A number of years ago, shortly after I had worked out the calculations covered in the last two lessons, I showed my business partner the results. He took one look and asked, “Why don’t you show the way the target...

Editor’s Note: This is an excerpt from Toni’s very readable book, A Beginner’s Guide to Day Trading Online. Experts say good sex is 10 percent in your body and 90 percent in your head. Believe it or not, good...

Many traders quickly come to acknowledge that despite being familiar with winning strategies, systems, and money management techniques, trading success is dependent on one’s psychological state of mind. If you’re a...

Every successful trader with longevity in this business has developed his or her own unique methodology that offers, at its core, an edge. Make no mistake, trading is a competitive business. An edge provides you with an advantage...

Every trader brings along the habits, ideas, biases conceptual framework and value structure–in short, all the baggage–accumulated over the years prior to becoming a trader. It is said that we already are what we will...

Trading Psychology The Composite Operator Over sixty years ago, Richard Wyckoff gave us this insight: “The market is made by the mind of man, and all the fluctuations of the market and all the various stocks should be...