Tag Archives: Trading System
Everything you need to know about Using a Stop Loss
Today’s topic is one of the most important issues we deal with as traders: The Stop Loss. A stop loss is an order we place in the market after we decide where our entry should be. It essentially closes our… + More
Mathew McConaughey on Trading and Money Management
It’s funny how when you’re a trader you find trading related tidbits popping up everywhere, sometimes in the most unusual places. The other day my wife was watching a television interview with Matthew McConaughey, the actor. McConaughey was promoting his… + More
The World’s Best Trading Indicator
Did you know there is an incredible trading indicator out there that will help you significantly improve your trading? One that will help you be more successful. One that will give you consistent results and help you “pull the trigger”… + More
Scalping System Q & A
Day trading is often referred to as “scalping.” Recently Erich Senft was asked to answer a group of questions that traders or investors might ask as it pertains to using a scalping system. Here are his answers… Question: What part… + More
How to Succeed at Trading the Emini S&P500… Sort of
An “e-mini” is an electronically traded futures contract that represents a portion of a standard futures contract. As futures contracts, the e-minis constitute an agreement to buy or sell the cash value of the underlying index at a specified future… + More
Dealing with Despicable Markets
Whenever the market moves into an inactive state, and we have a few rough days, I get flooded with a range of emails. Some people start doubting their system(s), while others begin to question the specific instruments(s) they’ve been trading. The emails that touch… + More
Discover the Power of Setting Trading Goals
Trading Goals are Important Everyone knows goals are important. Most of us have set goals for our personal life. It should be no different for our Trading Life as well. Personal goals may include losing some weight, exercising more, quitting… + More
Learn to Biohack Your Trading Brain
Warning: This post is going to be interactive. Trading Psychology Biohacking Biohackers like trading psychologist Richard Friesen believe in experience-based learning. Or in plainer terms – they like to touch things. Rich always says to me,“If you don’t try it,… + More
Learn How to Keep Your Trading Flame Alive
When you go to work every day and do a job that seems dull and routine, how do you keep going? When the trading business you started does not seem to be going anywhere, how do you stay motivated? … + More
Diversification – the Key to Opportunity and Trading Success
“Of the six tools needed for successful day trading, Diversification is the most important.” Diversification in Traditional Investing Diversification in the world of investing is synonymous with “safe,” “secure” and “smart”; yet in spite of the advantages diversification brings to… + More