Trading on the Right Track Is your trading on the right track? Do you know the signs to look for to show you it is on the right track? We're always thinking about where traders go wrong, the mistakes mistakes we make, and other negatives. That's human nature. But it’s also important to remember to pat yourself on the back once in a while when things are going well. In this … [Read more...]
Making Trend Trading Easy: A Dynamic Tactic
Take the Vex out of Trend Trading Trends can be vexing for many traders. Because trends happen less frequently than congestion, we can easily get lulled into buying and selling the extremes. In a trend, this can be disastrous. Many traders who make good money fading short-lived market moves give it all back when a trend gets going. It can be hard to shift gears. Making … [Read more...]
4 Steps to Bring the Awesome Power of Belief into your Trading
Bring Vital Belief into your Trading Everyone knows that belief in oneself contributes immensely to success. This is true for any endeavor—whether it be in trading, sport, entrepreneurship, the professions, or the arts—and at any level, from novice to expert. In trading, the best traders have a positive self-belief most of the time. They weren't born with it; most learned … [Read more...]
One of my Heroes
All of us have a hero or two that has influenced us, our work, and even our lives. People that stand taller than tall, who we respect and look up to, and upon whose shoulders we stand because they are truly giants. I’d like to introduce you to one of my heroes: Steven Hayes. Steve is a psychologist and was the pioneering researcher and developer of what is called … [Read more...]
Do You Surf the Market Waves?
Market Waves Market waves: Have you ever looked at the waves of a market? “Market waves?” You may wonder: “Waves are for surfers. What do waves have to do with the markets?” Plenty. The Wave Chart Reading the market through its waves has been known for over 100 years, but traders may not know how to view the market through this unique perspective. The ‘wave chart’ was … [Read more...]
