The calm in the storm

Last week, I told you how my Trade Monster was trying to rear its ugly head so I knew I had to do something to tame it. For me, it means getting out on the lake. For you, it may mean something else. Ultimately it’s just about doing something that will center yourself. I love … Read more

The dreaded max loss…

A Tuesday Trade Edition: One of the most important concepts in trading is to review your work, and learn from the good and the bad. It’s critical to identify what’s working — to do more of it. Each week, you’ll get a trade from my trading journal, in which I explain my whole thought process … Read more

Big picture trading

Whenever the market falls, like it did this week, it’s important to do a ‘Big Picture’ overview. Getting a big picture view means looking at the market as a whole, to determine where money is flowing in, and where it’s flowing out. Typically, this overview should include the key indexes, along with sectors, currencies, and … Read more