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 [...]
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, [...]
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 [...]
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 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. [...]
Following all the great feedback so far from my trading videos, I am now working on a set of new, more detailed videos.
The new videos, which will be freely accessible to owners of the Day Trading Freedom course, include a detailed commentary of my thought process as I watch a trade set up, how I [...]
It’s been a heck of a week in the markets, with concerns over the US economy causing turmoil around the world.
Isn’t it great? Well, perhaps not if you’re a long-term investor. But for us day traders, the more movement in the markets, the better.
In fact, there’s been so much opportunity this week, I’ve not had [...]
Something I get asked a lot, is if my trading methods work on markets outside the USA.
The answer is yes they do. Now before continuing, I must point out that my course is very much based on the US market, and all examples and exercises are done with Nasdaq and NYSE stocks. But if a [...]
Here’s the second part of the question and answer video…
Have a wonderful weekend!
I thought I would take a pause from the live day trading videos to do something a little different.
Each time I add a new video, I get asked quite a few questions. A lot of the same questions keep cropping up, so I thought I’d make a little film to answer the common ones.
As [...]