A Key Difference Between Average Traders And Professionals

By | November 22, 2015

First off, let me emphasize that by professional traders I mean people who actually trade, have done so successfully for years or even decades and have the track-records to prove it. Your run-of-the-mill internet marketer selling trading courses, indicators or seminars obviously doesn’t fit the bill. Many people would be inclined to say that intelligence… Read More »

The Live Price Action Confidence Trick

By | November 12, 2015

I’ve touched on this subject before, but after witnessing my old pal Chris Capre using this trick twice within a week,  I believe a full article is now warranted. First off, you should take a couple of minutes to learn what a shell game is, if you don’t know already. I still remember my only… Read More »

The Logic of Profit Pyramiding in Trading

By | November 10, 2015

I believe that pyramiding of profits is a poorly understood concept among the great majority of traders. It is certainly much less used in practice than its exact opposite, averaging down, also known as adding to a losing position. Reading Reminiscences of a Stock Operator, a book which is almost 100 years old, one notices… Read More »