Are you an offensive or defensive trader?

Are you an offensive or defensive trader?

This topic could take many turns, but the one that I want to discuss is trading stocks, options, E-Minis futures,or a currency pair. When we first start trading, the easier concept to grasp is directional trading. We begin the hunt to find a stock or an option to...
Streams of Income and Time Management

Streams of Income and Time Management

So, you want to trade in one or more of the financial markets? Learning the techniques (technical analysis), deciding on a broker and trading platform and finding a good source for education seems to be the START. As important as these steps are, you need to create a...
I Don’t Want To Stop

I Don’t Want To Stop

Managing your trade with stops is not just important, it is vital for the success of your trading business. Let the winners run and manage any losses so that you can stay in business. Most traders, when they begin the business of trading, do not use stops.Why?Look at...
MMMMMMMMMs and WWWWWWWWs

MMMMMMMMMs and WWWWWWWWs

Funny what your mind locks onto.  I had the privilege of watching two charts and saw patterns setting up.  I saw an “M” and a “W” so I drew my line at the neckline and waited patiently for a break of the neckline to time a good entry. I watched...
Money Bucket List

Money Bucket List

How do you get more money? We all have a “Bucket List” in some form or another. We save and budget and look for opportunities to get more money. Here are a few ideas on how to get more money. • Get promoted at your job and get an increase in salary. • Find...