Posts

How To Create A Trading Gameplan

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I'm sure you have heard countless times from various outlets about always having a trading game plan. But let's be honest the majority of traders don't really have a solid understanding, let alone proper execution of a trading gameplan. Novice traders emotionally fall in love with a stock and ride it either down to zero or sell at a loss. Oftentimes people will just follow others they deem are experts (unlikely they are), and that's their trading gameplan. In reality, this is no way to trade, eventually, your account portfolio will show this, as you will realize you cannot outpace Market returns in the long run. This begs to question, what exactly are you doing wrong? The answer is probably many things, from the lack of an actual trading system to even having the most basic of a trading game plan. In this article, I will help break down the essence of a trading game plan. The aim of this is to have you become a much more solid trader, and one step further to possibly be

A Beginner's Guide On Learning How To Trade

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A long time ago, the beginning of commerce brought us a way of dealing with merchandise, the trade. Trading started with people looking for getting something the others had with something we did for mutual benefit. Since then, it has evolved to more sophisticated ways, like active trading, leading to today’s different types of tradings and markets. If you are looking to trade in financial markets, you may not even know where to start. For that reason, We will now show you now some ways you can get knowledge on trading Stocks and different markets. Undoubtedly, the best knowledge comes from two main sources: Traders with experience and books or publications that you can find online. Everything else just won't be as good. Ask Experienced Traders For Advice One of the best ways of learning how to trade is approaching experts in the area and asking intelligent questions. Successful traders may be reserved about the methods they use to trade, of course. However, if you ask them what

Dissecting My 95% Winrate Trading System

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A trading system is everything when it comes to surviving the unpredictable and difficult Stock Market. It's something I mentioned countless times over and over in this blog and on Twitter. I've never disclosed my trading system, nor do I have any plans to. However, the goal of this article is to break down the bigger details about my trading system and provide hints and tips to help you come up with your own winning system. My Trading System My trading system is quite unique. It’s something I’ve perfected for almost a decade with countless hours of backtesting and real-time analysis. It’s definitely something I have yet to see in any public trading system that even remotely resembles it. Throughout the years it has become quite profitable. I have managed to beat the market over the last decade using it. There are years when the market beats my returns but as a whole, over the last ten years my system has come up in top! What people may find hard to believe about my system is I

Stop Trading Options! You Are Being Scammed.

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Trading Options is a losing game. You will not get rich off trading options period. When I say options is a losing game I'm speaking from several different angles and a decade of experience. I'm not some bitter loser trader ( I've been a market-beating trader since 2012 ). This article is written from my experience, as I naively thought it could be possible to trade options profitably, almost going broke several times. The Trading Option Service Scam I was that guy who thought trading options were the answer to making my dreams come true. Start with a small account, and win big and fast. I was inspired by all the traders on social media bragging about making killing trading options. Conveniently enough, those that bragged were also selling very expensive subscription services. I joined a ton of them. My experience with these services was me hemorrhaging money as the services would trade options in an erratic fashion. As they claimed to victory I and others in the services w

The Real Reason Why You Continue To Lose In The Market

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Traders often blame their losses in trading due to "lack of discipline" and mental breakdowns. The truth is this isn't the actual problem causing you to lose money trading. There are many out there willing to sell their services to help you improve your trading psychology/discipline, these range from books, seminars, and even expensive weekly one on one Skype sessions. The truth is these products will never help you long term and are flat out a waste of money . Many people who sell these products are exploiting inexperienced/naive traders out there. The real underlying issue of why traders keep losing is because they lack a clear-cut profitable edge. Where an edge is defined as a set of consistent decisions (including a trading algorithm) used to buy and sell stocks. Following a profitable system will keep you "disciplined" because it guides all your decisions for you and removes emotions. The list below is a series of steps on how I use my profitable edge/s