Trading as a Business. When we decide to pursue trading as a business it makes things simpler, reason being, we can now sit down and create a business plan for this venture. Many problems that afflict traders are due, in large portion, to not having an executable business plan. Below is an example of a […]

It’s all about cash flow The top graph is the US30 (DOW) performance while the lower graph is my personal equity curve (performance).  Notice the similarity. My aim is to generate consistent profits. That doesn’t mean that every trading session or day will be profitable but I want and need to be in a position, […]

Self-Management in Trading – and Why it is so Important! Initiative, organization, and accountability are incredibly significant when It comes to self-management and in that there are 5 key skill sets that I use to tie it all together. If you see yourself as a person who is accountable, it means that you can take […]

Making Consistent Profits. In this article I would like to discuss why people do not make consistent profits and how to solve these problems. The key to “making consistent profits” is in the phrase itself. In order to make consistent profits YOU have to be consistent in your trading. It does not help at all […]

Why should you trade for a living? We have all had a friend or a family member at some point who has come to us with their brilliant new plan of quitting their job on Monday, begin trading for a living by investing all their savings on Tuesday and being filthy rich by Friday – […]

Find a strategy that works for you. Most strategies work but they do not work in all market conditions. That is because by the very nature of markets they trend and then consolidate or retrace and then trend again. As traders we often find ourselves on this eternal search for the perfect strategy and expect […]