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What, Exactly, IS a Trading System? 18 Apr 2012 | 07:01 am
It occurs to me that I talk a lot about having and following a trading system but maybe you don’t know what makes up a system. So, today, we are going into the details of an effective system. Once yo...
3 Easy Ways to Fail as a Trader 28 Mar 2012 | 11:51 am
These three mistakes will doom your trading day, week, month and career. 1. Not having a trading plan. It almost doesn’t matter if you have a good plan or a bad plan all that matters is that you hav...
My recent snow trip 28 Mar 2012 | 11:42 am
Some of you know this and some of you don’t, but I grew up in Sacramento, then lived in Lake Tahoe until I was 24. After that I moved to Houston where I met my wife and stayed. That is why my office i...
Funniest quotes…. Must see 8 Mar 2012 | 02:28 pm
A friend sent me this website with some really funny quotes that go on posters, t-shirts and coffee mugs. They are spoofs on those motivational posters. Quotes such as: “Challenges” I expected time...
Freud’s Biblical Investment Secrets… lesson of the week 3 Mar 2012 | 06:44 am
I don’t know how much Freud knew about the Bible. Or about investing for that matter. But one of the theories he “discovered” is actually a 2000-year old Biblical principle. Freud called it, Transfer...
The Suicide Trade… and how to avoid it 17 Feb 2012 | 09:39 am
Chris Rock is quoted as saying when his first daughter was born that he instantaneously knew that from that moment on he had only one purpose in life. Not to make money. Not to be a success. Not to wi...
None of us know (a Christmas thought from Big A) 24 Dec 2011 | 01:18 pm
Good morning, This letter has nothing do to with business. I simply want to share a thought that struck me today. None of us Know… None of us know how many more Christmases (or whatever you might...
Trading Book Recommendations 29 Nov 2011 | 01:42 pm
I’ve had a lot of students ask over the years about what the best trading books are. Since I’ve read hundreds it was hard to narrow it down. Below is the list and they are not listed in order of impo...
What kind of investor are you? 23 Nov 2011 | 01:43 pm
I believe there are certain questions any prospective investors MUST ask themselves before putting one thin dime into the market. You truly need to know yourself – and realize you have certain charac...
New news article (trader loses 2 Billion) … perfect example of why you should learn to trade 27 Sep 2011 | 11:15 am
Last week a UBS trader was arrested for losing 2 Billion dollars of the Banks funds. UBS says it was not client funds (I’m not sure I believe that), but either way the stock jumped down. This is anot...