A richer life takes more than just money
Welcome to the Indicator Warehouse blog. You can look forward to reading articles on trading education, personal development, trading psychology, relevant world business news, and even useful gadgets to make your trading life easier.
Sometimes Less is More – The Overtrading Trap
Most traders think they need to trade a lot to make a lot of money. I once counseled a fellow who wanted to be a “scalper.” He thought he had to trade 100 times a day. Imagine his disappointment when I… Read More »
Learn the Top 10 Tools for “Listening” to the Stock Market
One of the toughest challenges in trading is “listening” to or identifying market direction. Regularly we are almost convinced to recklessly predict instead of identifying market direction. Or, we suspect we already know what’s going to occur, so we simply… Read More »
Improve Your Trading Personality by Overcoming Stubbornness
A Trading Personality Focused on Pig-Headedness has No Place in Trading When it comes to improving your day trading results, learning to recognize and overcome your stubbornness can make you a better trader. The single biggest part of ever becoming… Read More »
Four Important But Overlooked Day Trading Tools
If you plan to get into day trading, you’re going to need a few things that don’t directly have to do with actually buying and selling stocks, futures, or currencies. Some of the most important day trading tools you will… Read More »
Risk Management 101: Using a Stop Loss
Stop Loss positions are critical for understanding the value of good risk management. Remember that in many ways our trade is only as good as the stop we use as it affects risk/reward ratio, win percentage and how long we are… Read More »
Trade as I Say, Not as I Do – Really?
Being a trader, I’m always interested in articles and books on trading. I like to see how other traders do things, and every once in a while I’ll learn something new. I just finished an interesting book on Stock trading… Read More »
Patience and Trading Choppy Markets… Wait for the KILL!
What’s a trader to do when faced with seriously soggy markets? I don’t know about you, but I don’t like day trading the chop; even Indicator Warehouse futures trading expert Erich Senft says it may be best to find a… Read More »
How to Keep Your Sanity as a Self-Employed Trader
Being Your Own Boss The responsibilities you have as a self-employed trader are going to be much different from the duties you did in your old regular day job. In the latter case, your responsibilities were to stay away from Internet Surfing,… Read More »
Is it Time for a Trading Strategy Tune-up?
Your Trading Strategy Can Easily Be Improved It is time for a new trading strategy if you are taking profits too quickly and letting losers run in the wrong direction. The combination of the two often ends up shortening the professional… Read More »
Bring Your Trading A-Game to your Trade Plan
Be All that You Can Be Trade Plan This week I tried to trade after a visit to the dentist. As you might guess, I had less than desirable results. The experience reminded me of an important concept often overlooked… Read More »
