I explain on Tip TV why 91% of traders lose money and get wiped out within 6 months of opening a trading account, plus what you can do now to avoid their mistakes. See video: Here’s a few tweets below about the interview – thanks guys! Did this video help…
Sorry if the title to this post offends you, but I think it’s funny and drives a VERY important point about what it takes to be successful at trading. Trading is difficult for one reason and one reason ONLY. Because it forces you to make psychologically impossible decisions: Buying when…
This article is by our guest contributor and trader Goncalo Botelho. When I usually mention to people I’m a trader, it doesn’t take long until they throw out the word “play” somewhere into the conversation and it hits me every single time. This notion that trading is somehow a casino…
It’s amazing to me how many traders I meet who have completely the wrong idea of what it means to trade successfully. Let me make it clear. Trading success and profitabiliy have absolutely NOTHING to do with the following: Owning or using the next “holy grail” fancy technical indicator; Tweaking…
Last week as my facebook page hit 11,000 followers I asked my facebook followers to send me their questions to be answered on this blog. Not all the questions posed where trading related (one was about who cuts my hair). In any case, I have selected below the questions that…
In the video in this post I would like to share with you the top 4 B.S. pieces of nonsense I have ever heard about trading the markets. I have been in the trading industry for nearly 6 years and I keep coming across the same garbage across the internet,…
There seems to be an unspoken assumption that professional traders have to be “right” when they make a call on a stock or a market. This assumption, in my view, is made by the majority of the public and by novice traders. One of the best lessons I learnt in…
I often get asked which books I would recommend for trading. If I had to make a list, I would not have to think hard as to which ones would be at the top of my list. The books listed below are what I consider to be some of the…
Although I would not personally recommend buying stocks in this current economic turmoil, here is a popular video that I made some time ago as to how you would go about doing it. If you are going to buy any stocks at all, you need to invest wisely and do…
As I reached my 34th Birthday last month, I wanted to share with you 3 important lessons or turning points in my trading career that I think any aspiring trader or investor could learn from: Lesson 1: Your desire to “win” is the problem They say that the worst thing…