Category Archives for Protect Your Assests

Top 4 Mistakes When Trading Chart Patterns #1

Chart patterns are a great addition to every trader’s toolbox. They help increase a trader’s insight into trading sentiment and ultimately give indications as to the next likely move. Unlike some of the newer techniques and gimmicks in the world of trading, chart patterns are a time-tested trading technique that has proven to be a […]

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The Tao of R

The Chinese word Tao can be translated to mean way or path, and when it comes to trading the concept of R represents risk units, which is defined as the dollar amount a trader is willing lose on a trade if the trade drops to a predetermined stop. Thus, the Tao of R is a […]

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Getting Started Managing Your Risk

Merriam Webster’s dictionary defines risk as possibility of loss or injury or in regards to the stock market, the chance an investment, such as a stock or commodity will lose value. Risk is an unavoidable factor in life, and there is very little we can do to remove it; however, we can take very actionable […]

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3 Fears in Stock Trading That Can Cost You.

According to new research, there is an excellent possibility that fear, if left unchecked, could be the destructive aspect of your trading. A recent study completed by Boston University and MIT professors labeled emotional responses within traders as “a significant factor” in the outcome of their trade. (1) This should be a wake-up call for […]

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Trader Drift: The Consequences and the Solution

There is a plague that permeates around a big group of traders. It mostly shows up with newer traders and traders who seem not to be able to turn the corner despite multiple efforts or attempts at it. This plague is known as TRADER DRIFT. What is Trader Drift? It is a state or feeling of […]

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The Importance of Setting Stops

Let me share with you a story and ask if it sounds familiar.The Phone CallLiz called me devastated one afternoon. “I think I’ve blown it for good this time. I don’t know what I’m doing. I should just quit trading. I’m destined to be a surgery nurse for the rest of my life.” I asked her […]

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How Do I Pick a Good Stock?

“How do I pick a good stock” is one of the biggest challenges facing beginning traders. It’s a bit of an innocent question, but it’s a revealing question as well! The question is revealing because it reflects the borderline hopelessness that so many traders feel. As a teacher, I’m always looking for the question within the […]

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Trade for a Living

​Trade for a Living​Can you trade for a living? You know there’s a lot of false statics out there. Some people say that only 10% of traders make a profit; some say it’s more like one to two percent. So, what’s the reality? Well here’s the actual numbers from actual audited reports from the Brokers.It […]

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6 Ways to Survive a Bear Market

The U.S. stock market in 2016 came off to the worst January performance in the history of the stock market. On January 15th Market Watch reported that “U.S. stocks post worst 10-day start to a year in history”. That was before the market plunged another 500+ points just two sessions later. It was not just […]

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Dealing with Sideways Moves

One of the primary responsibilities of a trader is to forecast the future direction of a stock; of which, there are only three options: up, down and sideways. The majority of analysts feel as though they have not completed their forecasting responsibility unless they identify a future rise or fall. However, having a strong opinion […]

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