The internet is full of problem-solving models and systems. But here's one I've been using my whole trading career. It's a simple series of three questions. A subset of five questions regularly used back in my Aviation days in order to manage risks (only three of the five are usually relevant in the trading field)….
I sent the following post out via social media on Tuesday, prompted by some discussion with a trader who dug himself into quite a hole through doubling down on losses. This message is so important I thought I'd share it with my larger audience here in the newsletter. And also take the opportunity to expand…
My normal trading times are between 09:30am and 12:00 midday US Eastern Time. You won't see many trades after midday because in my timezone that is 3:00am. It's time to complete my post-trading routine before getting some well deserved rest. But occasionally circumstances allow me to push a little beyond this midday (3:00am) time…
I don’t care how good your analysis is. There are NEVER any certainties that a target will be hit. So let’s look at a little technique which can help your decision making during both the trade planning and trade management phases. This article idea was prompted by some great email Q&A I received recently. Let’s…
