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trading Archive

  • Putting all of this in place took Lucky Lil 13 months of work and cost her dearly: $100,000, leaving her $200,000 to trade. But during the startup phase of her company, she still practiced as a lawyer and was able to earn $100,000. Now, she was ready to trade for a living.

    Bulkowski’s Farsighted vs Responsive Trading – Lucky Lil

    Putting all of this in place took Lucky Lil 13 months of work and cost her dearly: $100,000, leaving her $200,000 to trade. But during the startup phase of her company, she still practiced as a lawyer and was able to earn $100,000. Now, she was ready to trade for a living.

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  • To avoid getting caught at the high or the low, you must understand the nature of markets and how they function. Once you accomplish that realization, you will see your real opponent is YOURSELF, not the grand cabal. The majority must be trapped at the high, which then creates the panic when the majority tries to sell but there is no bid.

    Understanding Trading

    To avoid getting caught at the high or the low, you must understand the nature of markets and how they function. Once you accomplish that realization, you will see your real opponent is YOURSELF, not the grand cabal. The majority must be trapped at the high, which then creates the panic when the majority tries to sell but there is no bid.

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  • The way people try to judge one analyst against another is like saying, “Oh, he is right and someone else is wrong.” That is unprofessional because OPINION is irrelevant and NO ONE can be correct all the time. It is humanly impossible to forecast the future based upon what someone “thinks” will or will not happen. As soon as anyone tries to engage in such comparisons, they reveal their own stupidity for it is a pointless exercise in nonsense.

    Professional Analysis vs. a Fool’s Game

    The way people try to judge one analyst against another is like saying, “Oh, he is right and someone else is wrong.” That is unprofessional because OPINION is irrelevant and NO ONE can be correct all the time. It is humanly impossible to forecast the future based upon what someone “thinks” will or will not happen. As soon as anyone tries to engage in such comparisons, they reveal their own stupidity for it is a pointless exercise in nonsense.

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  • Where do you think we are? Pin the “You Are Here” tail on the “market” donkey…     Original article @Zerohedge.com – “Investing” Simplified

    “Investing” Simplified

    Where do you think we are? Pin the “You Are Here” tail on the “market” donkey…     Original article @Zerohedge.com – “Investing” Simplified

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  • I engaged in some self-reflection and responded, that I could do the job only because I did not think about how much money that was in the real world – it was all just phone numbers to me. I could handle size because I knew the depth of the market and how to accomplish what needed to be done. But I never thought about the scope of what I was doing in terms of one’s personal life. I could be called into a portfolio that was $1 trillion+ or $100 million and deal quickly to resolve the crisis without thinking about how much money it really was in purchasing power. I replied, “I just did not think about the consequences of what I was doing – I just did the job.”

    You Can Do Anything If You Do Not Think of the Consequences

    I engaged in some self-reflection and responded, that I could do the job only because I did not think about how much money that was in the real world – it was all just phone numbers to me. I could handle size because I knew the depth of the market and how to accomplish what needed to be done. But I never thought about the scope of what I was doing in terms of one’s personal life. I could be called into a portfolio that was $1 trillion+ or $100 million and deal quickly to resolve the crisis without thinking about how much money it really was in purchasing power. I replied, “I just did not think about the consequences of what I was doing – I just did the job.”

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  • In order to be successful in trading, you must not fall prey to the very emotions you are trying to exploit. In short term trading when we win, someone must lose. This is a hard cold fact of short term trading! And the successful traders usually are calm and very methodical in their trading and making money from other traders who react emotionally to market events and are therefore losing money.

    How to Control Your Emotions When You Trade

    In order to be successful in trading, you must not fall prey to the very emotions you are trying to exploit. In short term trading when we win, someone must lose. This is a hard cold fact of short term trading! And the successful traders usually are calm and very methodical in their trading and making money from other traders who react emotionally to market events and are therefore losing money.

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  • Another good video on important key elements/requirements in stock trading.

    Walking Through a Trade

    Another good video on important key elements/requirements in stock trading.

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  • Another good video on important key elements/requirements in stock trading.

    Timing Your Exit

    Another good video on important key elements/requirements in stock trading.

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  • Another good video on important key elements/requirements in stock trading.

    Risk Management & Trading Arithmetic

    Another good video on important key elements/requirements in stock trading.

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  • Another good video on important key elements/requirements in stock trading.

    Buying and Selling

    Another good video on important key elements/requirements in stock trading.

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