There’s a phrase that I like to mention in our trading room frequently – “When you do your job everyday, you can expect to get paid. Continue to work hard, and you’ll get a bonus.” This is a phrase that to some may seem obvious because many of  us used to have or still [...]

  For the past few years since the major stock market drop we saw from 2007 – 2009, I’ve been watching these markets very closely.  The biggest reason is because I’m curious to know whether this bounce we’ve seen in the last few years is something that is going to result in new highs, or [...]

  Here are our top 10 Trading Tips for Traders and Investors. It really doesn’t matter whether you’re a veteran trader or just getting started, we think these are all very important! 1. “Between stimulus and response, lies our freedom to choose” – Steven Covey This quote is very important. What it tells us as [...]

An example of just a few things that you should be able to check off in your trading plan. It should cover everything.

The Fibonacci sequence is named after Leonardo of Pisa, who was known as Fibonacci. By definition, the first two Fibonacci numbers are 0 and 1, and each remaining number is the sum of the previous two. Some sources omit the initial 0, instead beginning the sequence with two 1s.

Here are few videos listed on Moneyshow.com in talking about Fibonacci’s and how they present themselves in the markets.

  “Every time Jack gets ahead as a trader, he sabotages his efforts. It comes about in many ways. He may feel guilty for getting ahead, and so distraught over his success that he doesn’t pay attention to market conditions. This leads to a few bad trades, wiping out a month’s worth of profits in [...]

Why Most Traders Lose One way to change from a losing trader to a winning trader is to change the thoughts that preceded the actions responsible for the losses. It is difficult to alter the habitual thought processes that have embedded themselves deeply in a trader’s personality over a number of years, due to the [...]

A survey of more than 500 experienced futures brokers asked what, in their experience, caused most futures traders to lose money. These account executives represent the trading experience of more than 10,000 futures traders. In addition, most of these Account Executives (AEs) have also traded or are currently trading for themselves. Their answers are not [...]

  It’s interesting to see that at a time like this, a time of economic concern, a time of confusion, that many people (including traders) get caught up in information that doesn’t serve them in any way helpful.  What do I mean by this?  Well, if you look at most financial news networks or most [...]