Ten Principles of Trading That Made Me a World Cup Champion Trader
I have managed to make my living as a trader for more than 20 years in an industry where most traders only last a few years and where most people lose. Looking back, the journey has had a lot of good lessons. What I have learned over that time that really works can be reduced to some basic principles. Over this period, I have continued to learn and refine these principals. In this article I am going to share some key points that can help you in your successful journey over and over again, particularly as it applies to the intra-day action in fast-moving commodity markets.Read More
Do You Really Know and Understand Your Trading Personality?
No two traders are alike. Traders enter the markets with a wide variety of backgrounds, and come from all walks of life. Some are finance majors. Others are retired policemen, working mothers or students trading from their dorm rooms using free campus wi-fi. Each and every trader has a distinct, unique personality that governs their trading behavior.
So what kind of trader are you? At Apiary Fund, we have developed an Investor Profile to help you identify your personality traits, and to help determine how those traits shape the way that you are most likely to trade. After taking a 28-question test, you will fall into one of 16 trading personality types. based on the following grid:Read More
How I Went from Total Trading Chump a to Semi-Respectable, Yet Still-A-Little-Bit-Crazy Trading Guy
I like trading stocks, and I hope you do, too. I started my trading career in 2001, with $2,500 and a dream. Then I crushed my own dream by losing all of my money. I blew up my trading account in a stupid trade.
Why? Because I lost focus, like an animal chasing after a shiny object. I vowed never to do that again.
This little article is about finding great stocks before they move big. I call them “Easy Stocks” because they’re easy to say yes to. They’re easy to spot, after you know what you’re looking for.Read More
The Triple Fib Strategy
Today, I wanted to discuss a strategy that I like to use in sideways, churning markets. It's called the Triple Fib Strategy and it uses the power of Fibonacci combined with the power of adding to positions (if you do it right).
If you are a trend trader like me, you typically don't like to see sideways market conditions on the 4hr and Daily charts.
But, there are some strategies that can work effectively within those type of market conditions. The triple fib strategy is one of them, and in this brief article, I want to give you a guide on how to utilize it.Read More
How to Generate Triple-Digit Gains with Growth and Tech Stocks
n this report, I’m going to outline the three of the biggest factors that sabotage the majority of stocks, options and ETF traders and show you the steps that you can take to avoid falling into this trap!
One of the most interesting things that I’ve learned over the past 30 years of professional trading has very little do with the mechanics of trading stocks, options or ETFs and more to do with the human mind and more importantly human behavior.
There’s something about human nature that’s truly remarkable and at the same time absolutely fascinating.
When it comes to making consistent profits from the financial markets, most people are by far and away their worst enemy!Read More
A Trading Guide for Building Wealth and Income
Trading for yourself can be one of the most rewarding jobs on the planet, if you are educated about what you are trading and if you stay focused on managing your trading risk.
I tell my clients and members “there’s no perfect trader…there’s no perfect system… it’s a journey of learning and I am on that journey too…constantly learning each and every day…”
And in my opinion the most important lesson in trading is that you should not be just focused on making money but should really be focused on managing your trading attitude and risk and then the profits will come…Read More
How the Internet of Things (IoT) Exposes New Investment Opportunities
The Internet of Things (IoT) is upon us, and it is creating technology innovations and investment opportunities at breakneck speed. New technology innovations promise dramatic advancements in healthcare, agriculture, energy management, manufacturing, transportation, and many other applications in the very near future.Read More
Will The Short Volatility Trade Ever Disappear?
We have written many times about the “Big (Volatility) Short.” It is a very profitable trade, for the most part. It comes about because of the upward-sloping term structure of the $VIX futures during a “normal,” bullish market. In its simplest, original form, one merely shorts the $VIX futures a month or two out in time and sits back, waiting for the passage of time to bring the futures prices down to meet $VIX at expiration. In effect, the “time decay” of the premium in the $VIX futures produces a profit for the short sellers of $VIX futures.Read More
Wedge Pattern Breakouts: Explosive Winning Trades
Prices move in patterns! This is due to one basic investment truism. Human nature exhibits the same habits when it comes to managing investment funds which are at risk. Investor sentiment reacts the same way time after time. This is why patterns can be recognized.
The Wedge formation is a pattern that incorporates very simple facets as far as the conviction between the Bulls and the Bears. The pattern illustrates a diminished oscillation as trading progresses. Visually, the pattern is recognized by witnessing two trend lines converging.Read More