Trading Stocks & Personal Development: Making the Complex Simple.
You may have just crushed it with your biggest winning trade of the year, but you still do not know how to trade.That rush your feeling means it was a bad trade. Good trades are not exciting. If this trade was your biggest win of the year, you probably committed a cardinal trading sin.A few... Continue Reading →
Most trader's and coaches think of emotion as if it is trading kryptonite. The worst of these emotions is thought to be fear.If you Google "fear" and "trading" you will see a host of "how to overcome fear in trading" articles. No disrespect to those authors, but they are worthless. Don't read them. Every one... Continue Reading →
At the first sign of a market sell off or correction, my eyes leave my well developed focus list and turn to the CBOE Volatility Index, otherwise known as VIX. During market selloffs, it is crucial that you learn how to trade VIX.Why do I love trading the VIX during sharp selloffs and corrections? Please... Continue Reading →
I forbid any trader I am working with to set this type of trading goal: "I plan to make xxx dollars per month." This is a common goal that almost every trader has made at one time or another in their trading careers. So why should you avoid this goal like the plague? First, if... Continue Reading →
Salvador DaliHave no fear of perfection, you will never reach it - Salvador Dali As swing traders we all know that a market pullback is our friend. If we go back and look at any market index chart, we will see that the best time to enter the market was on a pullback after and extended... Continue Reading →
The most destructive element in the human mind is fear. - Dorothy ThompsonNeither a man nor a crowd nor a nation can be trusted to act humanely or think sanely under the influence of a great fear . . . To conquer fear is the beginning of wisdom. - Bertrand RussellCollective fear stimulates herd instinct,... Continue Reading →
Paul J Singh 