If you’re on the path to learn stock trading or still learning how to trade in stocks, using a stop loss is probably the number one rule that has been hammered into you. We accept statements like “Never place a trade without placing your stop” at...
Many traders look at a stocks 52 week highs and lows to make trading decisions, but is there really a profitable systematic edge that you can capture by using a stock trading indicator as simple as the 52 week highs or lows? In this article I will investigate various...
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...
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 first time that fear comes up is when you’re...
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 paid, there is very little consistency in your returns...
