Monthly Archives: July 2015

You Call Yourself A Professional Trader ?

By | July 21, 2015

You know you’re a lyin’ lowlife, motherfuckin’ gamblin’ degenerate prick? You know that’s what you are? – Nicky Santoro in Casino (1995) Trading seems to me to be the only career where anyone can claim to be a professional without being challenged. Just think for a second. It’s actually against the law in most countries… Read More »

The Meaning of Being Right or Wrong in Trading

By | July 14, 2015

“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.” – George Soros   When did you turn from a loser to a winner? When I was able to separate my ego needs from making money. When I was… Read More »

Three Trading Questions Answered

By | July 5, 2015

This is an email I received yesterday. I thought it might be helpful to others too if I made an article out of the answers.   Question 1: How do we actually determine if it will be trending or just whipsaw? Let me start by saying that there’s no way to know for sure at… Read More »