Quitting your full-time job to trade for a living is a fantastic goal to strive for but there’s a couple of things you need to have in place before you should consider chasing after the dream to trade for a living. It’s not just about having the system and...
There are many more order types for stocks than most traders realize. Most traders are familiar with the MARKET order type and also the LIMIT order type, however using just these two most common stock order types leaves you at a huge disadvantage to other traders who...
What to do when your trading system hits your maximum historical drawdown? One of my students recently asked me “What happens/what do you do, when you hit your max draw-down? Do you stop trading and take a break? Keep going?” There is a common piece of conventional...
For Answers To More Stock Market Questions Click Here We’re trading for one specific purpose, mostly to make money. But the flip side of that, if we get it wrong is that we lose money. And when we’re placing a trade, the fear comes up in three places. The...
For Answers To More Stock Market Questions Click Here The first thing is being consistently profitable, and the second thing is having the discipline to stick to your system. I want to be clear that trading is not like a day job, compared to going to work, getting...