The best way to teach you about why a trading plan is so important is probably through a real life example from my own trades. So I’ll recap August 15th for you, and show you how a trading plan turned a bad day, into a profitable one.
When you trade, you need a strategy, so that you don’t get stuck holding, and hoping, and watching your funds drain away faster than water in a sieve.
I know we’ve been talking a bit about trading journals and how they are an essential tool to fine-tuning your strategy and learning about yourself as a trader. I’ve got five more things that you need to be paying attention to when you start recording…
Okay, so you get the point that a trading journal can be effective. But how can you boost your potential for optimal success with it? Let’s go over some key tips today.
A trading journal can help you improve your setups exponentially by using your own experiences as data to analyze and help foster improvement and refinement in your trading. Intrigued? Here, you’ll learn all about how to create and maintain an effective trading journal.
The second installment of my 26 key financial terms every millennial trader needs to know.
The 26 key financial terms every millennial trader needs to know.
You can calculate your initial investment using an initial investment formula, but you need to be comfortable with the amount you are investing. If not, it’s moot.
Bull Flags are one of the clearest and easiest patterns to spot and take advantage of. Here are three examples of what they look like, and how you can invest for the highest profits.
I love patterns. Patterns are a large part of what I analyze when I’m looking for stocks to trade. There are countless types of patterns that traders look for, but there are three specific ones that I use frequently. I’ll share them with you and how you can use them in your trades.