Hello traders and golfers! As some of you may know, I've recently taken up golf and I've gotten pretty serious about the game. During my first season I couldn't believe how many parallels can be drawn between the mechanics and mental game of both day trading and golf,...
Introduction and Background There are many indicators people could use in trading. Some based upon news such as the latest press release, technical like price action, or even fundamentals like the balance sheet. The Relative Strength Index is a form of a technically...
As traders and investors its important to be familiar with the common scheme known as the pump and dump. By definition, a pump and dump scheme encourages traders and investors to buy shares in a company to inflate the price, and then selling their own shares when the...
ShareTweet Hello traders, in this blog post I want to go over some ideas on how you can improve the bottom line of your day trading by treating it more like running a business rather than "winging it" which is what leads a high percentage of new traders to failure....
ShareTweet Critical decision making under pressure. Problem solving. Risk vs reward. Discipline. Bankroll management. Strategy. These are all things that relate to poker and day trading, two of my favorite strategic activities in the world. Many of you know me as the...
ShareTweet As many of you know, day trading is a business of discipline, patience, and execution. To be a professional in this field, like any other field, it takes many hours of dedication, practice, pain, and sacrifice. The same way that professional athletes train...
