Active trading, whether it's day trading or swing trading, can be very stressful, but it doesn't have to be that way. The difficult part is deciding what to focus on, when the reality is most of us resort to the one thing we know we shouldn't do, and that's stare at the screen and overanalyze [...]
04
Apr
Apr
Futures contracts are a type of forward contract between a buyer and a seller of an asset, usually commodities like corn, gold, or oil, but it can also be other kinds of assets such as a market index, like the S&P 500 or Dow, it can even be financial instruments like 30 year treasuries. There [...]
25
Mar
Mar
It’s everyone’s dream of becoming independent, no one to answer to, your own boss. Here are no colleagues that you are forced to get along with, no customers and no rules to follow. Everything is easy, bills get paid and there’s plenty discretionary money to fool around. Expensive cars, clothes and houses - trading promises [...]
16
Aug
Aug
You’ve prepared for this moment, now it’s here. It’s time to release your strategies to the real world of live markets, real money. It can seem scary and daunting, but you are confident because you have done your homework, you have tested your strategies, you know your edge, and you’re completely comfortable with the process. […]
01
Aug
Aug
Creating automated trading strategies is being presented as super hard work, that takes incredible discipline, lots of brain power and testing, testing and more testing. And only if you follow the prescribe thousands of steps will you achieve success. Well I say that’s a bunch of bunk! Now let’s be clear, I’m not saying it’s […]
31
Jul
Jul
There’s so much information out there for traders. You stick your finger in the air and get bombarded with advice, strategies, stock picks, analysts projections, and that’s all good for traders. The more information you have the better. So, the process of learning how to trade should be easy, right? Oh, that is so wrong! […]
28
Jul
Jul
Sounds a bit crazy, that anyone could think up that many tradable ideas, develop, test and then put them into action. But it’s not so crazy if you have a process, and you’re motivated. So, what’s the motivation? The motivation is to build an automated trading system that has some very desirable characteristics, like very […]
19
Jul
Jul
You have choices, and as an individual retail trader you have a choice. You can choose to trade as an individual, without any of the asset protections and tax advantages that come with a legal business structure, and choose to put yourself in a hole before you make a single dollar in profit. Or you […]
17
Jul
Jul
All types of trading has its ups and downs, and it would be irresponsible if I gave you the impression that automated trading solves all problems, because it doesn’t. So I thought I would share with you 5 reasons why automated trading may not be right for you. Crap In – Crap Out You might […]
12
Jul
Jul
“Everything should be made as simple as possible, but not simpler” – Albert Einstein Einstein’s job was to think of scientific theories that explained things we see in nature, it’s likely that he was paraphrasing Occam’s Razor. In other words, the best theory is the simplest one that still explains observations. By the way, this […]