managing a trading account Trading is an inherently complex activity that requires a specific skill set, and, as I’ve recently discovered, is just like tending to a garden. And it’s helped me realize, something I already new… That education and mastery of a specific setup is critical to your success. So think about this… Why does one plant a garden? Well, they may want fresh herbs, home grown tomatoes, or to just gaze at its beauty. Now, that doesn’t mean … Read more
You may not know this about me, but about 10 years ago, I lead a very different life. You more than likely know about my time in Costa Rica, and when I struggled as a single mom. Then when I dropped it all and went back to my parents and Seattle, and then when I started trading. However, this is something I haven’t talked about yet, and it’s equally as important… I was attending the University of Washington, where I … Read more
It’s times like these that are some of the most trying for us, as traders. I’m not going to say the last week has been easy — as it hasn’t. We knew there was an upcoming Federal Reserve decision. And we knew they’d likely cut rates. We also know, as traders, these decisions cause volatility. As such, we remained largely flat, and waited to get long until after the Fed sell off was through. That was great… until the unexpected … Read more
This week, we’ve seen some volatility in the market that we haven’t seen since May — the last time President Trump escalated the trade war. If you’re anything like me, you were enjoying the simple ebb and flow since the most recent lows in May. Well, with the most recent Fed decision, and the additional 10% tariffs that’ll be imposed on China in September, a new dose of uncertainty has been injected into the market. More than anything, what the … Read more
“Fight the need for certainty” – John Carter As I sit here, watching the market fall out of bed — it just dropped over 50 S&P points in 25 minutes — I’m reminded, yet again, one of the most important pieces of any trading plan… “Anything can happen.” This is one of my favorite pieces of advice from Mark Douglasses book, Trading in the Zone. I’d say that this book has created the cornerstone of my psychology section of my … Read more
Case Study: BYND A ton of emails I’ve gotten this week have surrounded two very important questions. For today, I’m going to walk you through my recent trade in BYND to provide the answer to those questions, and some additional analysis (and an awesome graphic). Here are the questions… Question: What size account do you need to trade butterflies? I have a (insert account size here) – is this something I can do? To answer your question, these trades work … Read more
Free Downloads
Upcoming Appearances
August 16, 2019
The 10 Min Trader Radio
August 21, 2019
StockCharts
August 22, 2019
Yahoo Finance
September 3, 2019
Yahoo Finance
September 6, 2019
TLB TV
September 25, 2019
Fox Business
September 28, 2019
Fox News
Simpler Trading - COPYRIGHT © 2018 - ALL RIGHTS RESERVED
The information contained on this website is solely for educational purposes, and does not constitute investment advice. The risk of trading in securities markets can be substantial. You must review and agree to our Disclaimers and Terms and Conditions before using this site.
U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.