RSS

RSSAll Entries Tagged With: "P&L"

post thumbnail

Are You Too Motivated to Make Money?

I know you aren’t lazy.  The fact that you’re reading this tells me you care enough about your trading to hunt for clues that will make you better.  You’re motivated.

post thumbnail

Keys From a 6-Month Streak

Anytime you find yourself in the midst of a streak in your trading, it’s worth paying attention to. When you’re winning, you need to find out why.

post thumbnail

Hard Stops vs. Mental Stops

When I’m swing trading, I prefer to place stop and target orders via bracket orders.  That means I’ve got pending orders which will cancel out the other side based upon what gets executed first.

post thumbnail

More on Recovering from Trading Losses

Ever been downright frustrated with your trading?
If you’ve been a trader for any length of time, I’m sure you have.  There can be stretches of disappointments during which it feels like getting on the right side of a move might not ever again happen.

post thumbnail

The Importance of Losing Small

Losses are inevitable, but small losses are easily overcome.
I put that first because if you don’t read anything else here, I want you to be sure and see that.
In fact, that one statement could be considered the key to my trading.  I remind myself of it often, and when I’m staying disciplined, I am able [...]

post thumbnail

Focus on the Process Now, Results Later (Part 2)

In recently looking through some archived posts, one that caught my eye was Dave Mabe’s from last summer.  In that post, Dave covered some very important aspects to sticking with your trading plan.
Then in catching up on some reading, I saw where David from Trade-Ideas was just discussing this yesterday over on the Trade-Ideas blog.  [...]