Pearls of Wisdom
popdoc2013-02-01T09:28:06+00:00Yesterday I received my copy of the new book, Traders At Work: How the Worlds Most Successful Traders Make Their Living in the Markets , written by Tim Bourquin of
Yesterday I received my copy of the new book, Traders At Work: How the Worlds Most Successful Traders Make Their Living in the Markets , written by Tim Bourquin of
That’s how the SF 49ers got to the Super Bowl. So what’s the connection to trading? There was a link between what a 49er said after the NFC championship
As you read everyone's articles on new years resolutions and possibly consider your own, keep in mind one very important concept that you probably won't hear much about. The
If you consider yourself to be a discretionary trader, even with 'rules', what does that really mean? The definition of discretion is the ability, the power, or
Trading forces us to interact with the market, where price is objective – everyone can see the same thing. But human nature makes us subjective, that’s just part of
Over the 17 years I’ve been involved in trading and working with all types of traders, I’ve seen four types of profitable discretionary traders. The first type of
Another way to say it, understand what makes others tick and you’ll understand what makes the market tick. To trade only by stats or patterns alone is to be
I’m away at Lake Tahoe this week and not trading, but I felt compelled to write this. Many traders take risks when they shouldn’t. They take on too much risk
How many times have you broken the rules? For many traders, promising to follow rules doesn’t work for long. One reason is willpower fatigue, a well-documented phenomenon. I regularly
I returned last Sunday from 3 weeks in Japan where I was invited to speak at an institutional/HF conference- “TradeTech Japan 2012”. This was my longest time away from trading