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June, 2007

Don’t Hold Your Breath Too Long While Under Water

The headline of this educational feature pertains not to swimming but to trading. Most professional traders do not hold onto their losing positions for very long. Once a trading position goes "under water" most professional traders will immediately begin looking... (Continue reading)

Do What You Love

So what does this have to do with trading and success? I've noticed that the people who are really successful in many, many fields start some sort of program of self improvement. I have mentioned many of those in past... (Continue reading)

The Why Wall Street Doesn’t Know About Position Sizing

This week I'm going to be a little controversial because I'm going to put forth some rather bold statements. First, it is possible with small amounts of money and a reasonable trading system to make outstanding rates of return (50-100%... (Continue reading)