All Entries Tagged With: "Day Trading"
Setting Stops: Fixed or Variable?
Should a trader utilize the same stop in every trade he makes (regardless of conditions), or should it be based on the unique pattern and therefore vary from trade to trade?
What it Means to ‘Trade Like A Bandit’
I cap off every post and free video with the phrase ‘Trade Like A Bandit!’ Some get that, others don’t. Here’s the simple explanation.
Week 1 Trades Review (Video)
As a trader, I need to be able to diversify by way of different timeframes and direction (long/short) in order to keep maneuvering efficiently. So to help explain this concept and the value of doing it, here’s a video walking through the trades I took last week.
A Look Through the Goal Posts
It’s that time again…time to reflect on the previous year, see what you can learn from it, and then determine how to apply it in the year ahead. I’ve talked quite a bit about goals here, so rather than reinvent the wheel, I’m going to review goals posts from the past.
Hoping to See You in 2012
I’m slated to teach and/or speak live in several more cities in 2012, and I hope to see you at some point.
Getting Over the Consistency Hump in Trading
I heard from a trader over the weekend who has gone through a number of changes in recent months, both personally and in their trading. The result was a big lack of consistency in their trading.
Trading Timeframe Influences Position Size
While some traders prefer a standard lot size, in this video I’ll discuss the notion that your timeframe for the trade should influence your position size.
