Author Archives: JLTrader

A Key Difference Between Average Traders And Professionals

By | November 22, 2015

Traders And Professional 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… Read More »

The Live Price Action Confidence Trick

By | November 12, 2015

For an update on my thoughts regarding Chris Capre, click here.    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… Read More »

The Logic of Profit Pyramiding in Trading

By | November 10, 2015

The Logic of Profit Pyramiding in Trading: 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… Read More »

GoForexPro – An Insult To Serious Forex Traders

By | September 30, 2015

GoForexPro – An Insult To Serious Forex Traders A reader of my site asked me what I think of GoForexPro.com and the guy behind it, William (Bill) Young. He sent me a couple of  links to forums where Mr. Young is active: stevehopwoodforex and donnaforex. I concentrated on donnaforex because I was familiar with the… Read More »