How To Get A Trading Plan, What Is A Trading Plan And Why Do We Need One?

As a trader or investor I’m sure you’ve heard the term “Trading Plan” thrown around a lot.В  Most finance experts will at least recommend you have a plan for your investments, and any stock market commentator worth their salt will tell you to get a trading plan. But what is a trading plan exactly?В  Where [...]

November 27, 2011  Tags:   Posted in: Articles On Building Wealth  No Comments

ASX Share Trading: What Traders and Investors Need To Know When Trading ASX Shares

Investing or trading in the share market can be a great way to increase your wealth, and if you play your cards right eventually supplement the income from your job.В  But there are a few fatal mistakes that may stop you from enjoying success on the ASX Share Market. If you had invested $150 a [...]

November 27, 2011  Tags: , , , , , ,   Posted in: Articles On Building Wealth  No Comments

The Single Most Important Part Of A Trading System

“I would add that I consider myself and how I do things as a kind of system which, by definition, I always follow” – Ed Seykota There are many things they don’t tell you when you first enter the markets.В  They don’t tell you it will be hard.В  They don’t tell you it will take [...]

November 11, 2011  Tags: , , ,   Posted in: Articles On Building Wealth  No Comments

What Will Happen When You Have A Profitable, Tested, Mechanical Trading Plan

It’s A Fact: More than 90% of traders and investors do not have a tested, profitable, mechanical trading plan.В  Many don’t even have a trading plan at all – preferring instead to go with their gut feel, news stories or broker recommendations. Unfortunately, these are the same people who lost big money during the credit [...]

November 11, 2011  Tags: , , , , ,   Posted in: Articles On Building Wealth  No Comments

Four Things You MUST Have Before You Start Trading Or Investing That 90% Of People Don’t Have (And It’s Not A Million Dollars)

People always want to know how to get started in stock market quickly, or improve their results in the stock market quickly.В  While starting or improving your results is easy to do – it’s only easy if you know what you should be doing.В  As a wise man once said: “Insanity is doing the same [...]

November 11, 2011  Tags: , , , , , ,   Posted in: Articles On Building Wealth  No Comments