Do you know who said, “I never ask my clients to judge me on my winners. I ask them to judge me on my losers, because I have so few”? That would be Jordan Belfort from The Wolf of Wall…
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Any way you slice it, losing is part of trading. A big part. If you do not master learning how to lose like a pro, you are not going to be in the game for very long. There are two ways…
While many markets trade primarily electronically, some markets (such as the S&P 500 futures market) still are still trading the open in the pit. What’s the pit you ask? Well, this is a specific area on the trading floor that…
Controlling risk is the number one objective for many professional traders and the money that they have under management. Their focus is to minimize the financial downside of any investment decision. Winning exit strategies are developed prior to entering the…
It’s true that investors today have more access to information than ever before. There are so many things to research, from real-time stock apps all the way to Reddit communities. However, what’s the best way to consume information for you?…
If futures spreads are not part of your trading plan, you may be missing the boat. In fact, for the smaller retail account crowd, spread trading can have some significant potential benefits. Before we move on, know that spreads are no…
Government reports, earnings, broker upgrades, and news information are constant being released in the marketplace. The data overload can lead to emotional trading for those who react to barrage of micro price movements. In reality, most events are already discounted and…
With everything that’s been happening with the stock market lately, people have forgotten about last year’s biggest investment story: Bitcoin. After briefly topping off around $20,000 in December, today it’s trading around $9,000. A lot of bad news has come…
