Another great thing about weekends
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Several weeks ago, I sent you a note about how weekends aregreat for catching up on learning and reading and self-reflection. Another great thing about weekends and even more important isthat this is the time when you actually get to live YOUR life, notthe work life. Make sure that you take time to enjoy your family and yourfriends. Have some …
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A trader walks into a bar…
A trader walks into a bar looking really down, sits down and orders a beer. He chugs it down and asks the bartenderfor another. As soon as he gets that one, he chugs it down too and asksfor a third. The bartender asks him what’s up as he sets the third glassdown, and the guy says to him, “I did …
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Trading Systems and The Carnot Cycle
Your goal is to maximize your profits and thus your returnon your trading capital. But how do you know if yourtrading is truly optimized or if there is room forimprovement and more money to be made with it? If itcould be better, is it you or your system and how can you tell? Trading systems, like automobile engines, are never …
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Are you using your power to get results?
If you hired a mechanic to fix your car, you’d stay afterhim until it was fixed, wouldn’t you? If he said that he didn’t have time, would you say “Okay,well get to it when you feel like it.”? No. If he said that he didn’t have the right tool, then you’dexpect him to get what he needs, wouldn’t you? If …
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Coming soon: the Trading System Analyzer
Coming very soon is a powerful tool that will lower your anxiety and boost your confidence tremendously. Many of the fears and stress that occur in trading come from a lack of confidence in your trading system, but so few traders know how to easily determine what their system is truly capable of producing. That’s where the Trading System Analyzer …
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