A resource for new and seasoned financial traders who are serious about developing their skills.
F E A T U R E D
Why there are no rules
Patience in trading
Learning about trends – smelling them
No courses, no horses.
This is worth your next million
On luck, chance and prediction
Traps and perspectives
What people want – and why they won’t get it.
Who the devil is Dan Zanger – and why should anybody care?
Grasping the basics
Too honest to be true
This morning I receive yet another email from somebody selling a system for beating the markets. It’s some software that runs on their server, thatRead More
The limitations of rules in trading
Many new traders are brainwashed by various experts out there into believing that there are certain rules in trading. For example some say, “Never marginRead More
A brief exploration of how patience can affect trading
What is patience? According the Cambridge English Dictionary, it means: “the ability to wait, or to continue doing something despite difficulties, or to suffer withoutRead More
This post continues from ‘Is volatility your friend?‘ The emphasis here is on copying with volatility. ‘Coping’ is a psychological thing. New traders will have emotionsRead More
Every trader knows that volatility is the thing that is necessary in order for the price to have movement. But there are different kinds ofRead More
It’s often thrown around that ‘The trend is your friend’. I had heard or read these words several times in the last three years. IRead More
Over the last few months there has been much reflective practice. This is about looking back at what one has done in the past, learningRead More
Your first or next million?
Lots of new traders are looking for a magic solution to make money. They come into trading as a sort of flirtation – to seeRead More
Gambling is a bad word and a bad thing for most people. Strangely enough at September 2014, it was estimated that “70 per cent ofRead More