Why Day Trading is like Crab Fishing in the Bering Sea The Top 4 Reasons Trading is like Fishing in the Bering Sea 1) Sometimes despite all your efforts, you come up empty! 2) Sometimes you take a big risk knowing you’ll either be a hero or a zero 3) Mechanical and Technical […]
Trading and Traveling with Warrior Trading Hey everyone! I wanted to make a blog post on Trading and Traveling. As you guys all probably know, I don’t travel much. I’m not a jet setter flashing dollar bills and a million dollar life style. That’s just not who I am. Even though I’ve been very […]
Warrior Trading runs the Largest Chat Room for Wall Street Traders Founded in 2012, Warrior Trading has grown to be the largest premium community of Wall Street Traders. When I first built this chat room I set out with two simple goals. The first was to provide a hub where traders could come together to […]
Options Trading Key Terms American Option – An American option is an options contract that can be exercised on or before the expiry or maturity date unlike a European option. Assignment – Assignment refers to when an option seller is designated to buy or sell the underlying asset which typically happens when an option expires in the […]
The Anatomy of Making a Trade As a fellow trader who mentors new traders and as a moderator in the Warrior Trading chat room, one of the most common questions I get is related to the actual process of planning and making a trade. They understand the setup they want to trade and they […]
Trade Context Is Key Have you ever entered a trade based upon what you considered to be a picture perfect setup to only then see it explode in the wrong direction? This probably will leave you quite aggravated and perplexed, and in some cases, desperate to return to the market looking for revenge with […]
How to Trade Options: Why There Is Always An Option Welcome to another wild and rocky start to the New Year on Wall Street. Another one. It seems that every new year starts off with moaning, speculation, despair, hope and fear from investors, both retail and otherwise. Fortunately, this has been on of my best […]
A Small Trading Account I am constantly asked about why I wire out my account every month. My first response is always, I’m not comfortable with my money being off shore, but the reality is Suretrader has a bank here in the US that they service their US clients with, so that reason is […]
Keep Calm & Trade On Maintaining the proper mindset or, in other words having the determination to manage the psychological effects of day trading is pertinent to becoming a consistent, profitable trader. What does it really mean to have the “right” mindset in this profession? Many professional, successful traders will attest to the fact the […]
How I Overcame my Fear of Trading A fellow trader asked me to do a blog about how I overcame my fear to take trades. I have to admit that it was a long process for me to truly overcome my fear of trading. Once I realized that it is natural to feel the way […]
