Hi Mike, Just finished reading The Playbook (after One Good Trade earlier) and felt obligated to send a thank you note. I really appreciate you offering this information out in the form of a book unlike anyone else really does in trading! It helped me build even more on my base trading knowledge. More importantly, it made clear the … Read More
10 Ways to Become a More Consistent Trader
I was sitting across from an ambitious new trader in Troy, NY (yes you read that correctly Troy, NY) enjoying the Brown’s Pale Ale discussing ways to be more consistent as a trader. Now most of these conversations are started by traders who were never profitable. But not this one. This one was with a new trader who had mid-six … Read More
8 Ways to Blow Up your Trading Account
Hey Bella, I was just getting some hummus and crackers when a quote from Charlie Munger popped into my head and I immediately rushed to my email so that I wouldn’t forget about it later. Basically it goes “Tell me where I’m going to die, that is, so I don’t go there.” So I knew of no better person to … Read More
Four Ways Market-Neutral Traders Can Benefit From Technical Analysis
Even though Market-Neutral Traders may not be picking a direction, we are dealing with price movement. Knowing what directional traders are thinking and where there are likely to be areas of high volatility can be extremely beneficial. Knowing the market conditions you’re entering into, in advance, can help you to modify your entry or avoid entering a trade that’s not … Read More
Four Ways To Get Your Trading Ready For the Summer
In most parts of the US and Europe, this winter has been positively arctic. Record snowfall, freezing temperatures and howling wind. It can be a downer, even for the hardiest of souls. Even then, most traders are in the office, focused on their screens and their results and not paying any attention to the weather. Summer may seem like the … Read More
Four Quick Ways To Get Better At Trading
Four Quick Ways To Get Better At Trading Usually, the “quick fix” implies fixing something, but only temporarily and in a fashion that won’t help long-term. Luckily for us traders, there are several quick things that we can do that can readily improve our trading. They are quick lessons in that they don’t take much time to grasp, but their … Read More
There Are So Many Ways To Be Silly
Steve discusses the right trades and the wrong trades in SEED during the upmove from 12.70 to 14.50