The Concept of Compounding

The Concept of Compounding

Albert Einstein called compound interest “the greatest mathematical discovery of all time.” “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn't … pays it.” Albert Einstein As we...
Do You Have A Winning Image?

Do You Have A Winning Image?

“What makes trading so fascinating and, at the same time, difficult to learn is that you really don't need lots of skills; you just need a winning attitude.” Mark Douglas Winners are aware of an inner state which wants to expand. This inner state has an...
Mistakes WILL Happen in Trading; How to Overcome that Sinking Feeling…

Mistakes WILL Happen in Trading; How to Overcome that Sinking Feeling…

Prepare yourself. At some point in your trading career, it's going to happen. You're going to make a mistake when placing an order. You're going to place an order to buy a spread when you intended to sell one, or vice versa. You may buy ten butterflies when you meant...

How Volatility Can be Used to Plan Your Entry Strategies

When you determine the difference between a stock's implied volatility and its current IV percentile, you could have an edge in your trading. This could help you become a more consistently profitable trader. “If you want to have a better performance than the...
On the Go – Tips and Tricks to Manage Your Positions while Away from the Computer

On the Go – Tips and Tricks to Manage Your Positions while Away from the Computer

It happens to every trader at some point. You have a live position on, and something takes you away from your office computer during market hours. You as a trader should have a back-up plan for those days. Here are the steps I take: I use contingent orders when I know...