All right everyone, we’re going to do a little mid-day market recap here Monday morning, and I’m back in my home office. Obviously I was out on Thursday and Friday, I had some meetings in New York City. A couple of the meetings were with different brokers in the city. Today, I actually […]
Day Trading Is Just a Math Business One of the most common struggles every trader has while trading is for sure having to deal with emotions. In fact, the best suggestion you can follow is to leave out emotions from your trading activity and focus on the technical execution only. That’s why I don’t look […]
I often get asked how much money is needed to start day trading for a living. Unfortunately there is no simple answer to this because everyone has different financial situations including bills, income and many other factors. If you’re looking to test the water then you can start with as little $1,000 at a broker […]
Grinding Out A Challenging Month As A Day Trader Hey all, JohnL10 here! Now that April is over, I can put some of my thoughts on paper about why I think it was a challenging month for both long and short biased small-cap traders. From my perspective, there hasn’t been much follow-through on positive […]
The Ultimate Answer For Questions About Freedom When I decided to radically change my life and to focus entirely on trading (read more about it in my previous article here), of course I did not know exactly what was lying ahead for me. But luckily, I decided to look at the mystery behind that […]
Breaking Out Of The Comfort Zone – Part II If you haven’t read my previous article or you don’t know my personal story, I’d encourage you to take a look here because this one blog post is going to be the continuation of it. Everyone’s life has a different story to tell and the […]
Let The Next Five Minutes Save Your Trading Career As a beginner trader, one the most important concepts to understand is all about psychology. The sooner we figure this out, the faster we’ll get the desired results. There are so many great books about this matter that I recommend you reading (my favorite one […]
3 Ways To Tell If Stock Is Bottoming Traders and investors well versed with the business know that it’s better to purchase assets (stocks, options and ETFs) after they decline rather than when they have risen. Buying assets when they are priced low may seem like a wise strategy because you think profits are […]
There Is No Such Thing As Perfection If you’ve read some of my blog posts, you already know that approaching failure is something that’s really important to me. Ultimate success has nothing to do with perfection. In fact, there is no such thing as perfection. Unless you have a time machine, there is no […]
Trading in the markets is one of the most stressful professions on the planet. Prices are constantly in motion, and you need to be consistently and effectively processing an amount of information that would leave the average person dizzy and reeling. On top of all this you are competing with some of the smartest people […]
