Where’s your head at?
Yesterday we looked at how taking control of your emotions is essential to success in trading. Rising above the base emotions of fear and greed, and instead, making trading decisions based on strategy and logic, is the only way to have consistent success in the markets. As I hinted in the previous post, this isn’t something we do naturally, but it can be learnt. Actually, “learnt” might not be the right word. What we’re really talking about is training our mind. A MENTAL...
Read MoreWho’s Controlling Your Trading?
I’ve decided to share with you one of the biggest “secrets” to my success in trading… ONLY TWO THINGS I’ve spoken before about how you need two things to be a profitable trader: 1. A clearly defined strategy to trade. 2. The discipline to trade it properly. The first thing, the strategy, always gets all the attention. I’ve covered it at length in both my “How to make more…” report, where I talk about the trading triangle of stock selection,...
Read MoreThe Easy-Middle-Bit…
I had an email recently, from someone who had been watching one of my videos and wanted to know why I had closed a trade when I did, instead of letting it run on all day. I wanted to post my reply here, because this raises a few important points. As a bit of background, the trade in question was one I entered relatively late in the morning, and only whilst waiting for a different trade to come to an end. The trade was a short and I made a tidy profit. By the end of the day, the stock had fallen...
Read MoreWhy August Is Great For New Traders
August is a brilliant month. Not only is it just about the most relaxed, laid-back four weeks of the year for most folks in the nothern hemisphere, it’s also a perfect time to get started trading. Why might that be? Because it’s slooow….. Now normally slow is bad in trading. At least it is if you’re anything like me, and you want to get in and out of your trades in an hour or so, and then spend the rest of your day doing what you really want to be doing! But when...
Read MoreScientist Discovers Secret To Trading Success
All traders continually look for ways to improve their results. For example, I always advise my students to keep accurate records of trades, they provide a great way to monitor success, and improve weaknesses. One trader (or rather, a former trader) has gone further than anyone else though. His name is Dr John Coates, and he’s a researcher at Cambridge University in England. His research has shown that there is a “secret ingredient” that makes some traders more profitable than...
Read MoreNew Members Videos
A little while back, I mentioned about some new videos I was releasing just for customers of the Day Trading Freedom course. The videos are much more detailed than the overview or summary type films found on this blog. They show in-depth trade examples, and I talk the viewer through every step of each trade. They really are the closest thing to watching over my shoulder as I trade. I’m pleased to say that the videos are now complete, as is the 2nd Edition of the Day Trading Freedom course...
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How To Day Trade... is now available in iTunes for iBooks (iPhone, iPad, and anything else starting with i!) http://bit.ly/mTqroY - posted on 08/08/2011 09:28:38- Penny Stocks Redux: http://www.daytradingfreedom.com/penny-stocks-redux/ - posted on 28/07/2011 09:49:56
- 3rd ed also on amazon (should now be live) http://www.amazon.com/dp/B004IWRC9S - posted on 22/06/2011 17:08:53
- 3rd edition of "how to day trade stocks for profit" now available at smashwords.com - http://bit.ly/kJRyEG - posted on 22/06/2011 17:08:00
- This looks like a bit of a bargain
https://www.amazon.com/dp/B004IWRC9S - posted on 21/04/2011 14:11:24
