Maintain a healthy balance between risk and reward Let me give you an example: If you go to a casino and bet everything you have on “red”, then you have a 49% chance of doubling your money and a 51% chance of losing everything. Continue Reading →
12 Difference between Losers & Winners Traders 1. Losers trade against the trend, but winners trade the impulsive wave of the current trend. Continue Reading →
Embracing Risk While we tend to focus solely on building our skill sets or expanding our knowledge, the greatest advancement and learning most often comes from action, experience, and taking risk. Continue Reading →
21 Ways Rich People Think Differently Than Average People World’s richest woman Gina Rinehart is enduring a media firestorm over an article in which she takes the “jealous” middle class to task for “drinking, or smoking and socializing” rather than working to earn their own fortune. Continue Reading →
The Wisdom of Jesse Livermore Here are seven lessons from Jesse Livermore who is considered by many as one of the greatest traders who ever lived. Continue Reading →
Plan the Trade & Trade the Plan This is where all the thinking in trading comes into play, while writing your trading plan. Continue Reading →