Plan Your Trade, Trade Your Plan

Plan Your Trade, Trade Your Plan Often investing is seen as a maverick pastime – traders yelling at each other in the trading pits, investors calling up their broker yelling “Buy it all now!!” or “Sell everything!!”, making millions of dollars at the drop of a hat.  This scenario looks great on the big screen [...]

June 21, 2009  Tags:   Posted in: Articles On Building Wealth  2 Comments

Back-testing Your Way To Success

Back-testing Your Way To Success One of the key ingredients to success in trading is knowing your “stats” and how to increase them so you can make more money.  Things like probability, expectancy, your win / loss ratio and your risk / reward ratio are great ways to help you know what you can expect [...]

June 16, 2009  Tags:   Posted in: Free Trading Course Lesson Backlog  2 Comments

Probability – Your Key To A Successful Start

Probability – Your Key To A Successful Start There are many good things about trading and investing – no stock on the shelf, no staff to pay, or no bosses looking over your shoulder.  Not to mention you are basically creating money out of thin air (if you don’t count all the work the companies [...]

June 15, 2009  Tags:   Posted in: Free Trading Course Lesson Backlog  One Comment

Knowing When To Quit Your Day Job

Knowing When To Quit Your Day Job A lot of people get excited about learning how to trade – they learn a few tricks, fiddle with some indicators or moving averages, then they have a few winners and feel so good that they tell the boss to stick it at the first opportunity. But as [...]

June 14, 2009  Tags:   Posted in: Free Trading Course Lesson Backlog  No Comments