Other Trading Info Archives

Trader`s Expo Report - Zombies Among Us

A while ago, I helped Traders World Magazine at their booth at the 2003 Trader’s Expo in Chicago.

It was an experience that confirmed many of 4 my thoughts and feelings about the “state of the trading environment”.

Why did it not surprise me that the vast majority of those that walk the aisles are looking for one thing…. the Holy Grail?

Trading Is a Thinking Man`s Game - WRONG

Most traders move from trading system to trading system, and over time, until they find one that suits them … one that is comfortable to run and tests well over (back-tested, then real) time.

Some traders never stop looking for the right system.

THAT is a problem.

There are many systems that can generate nice profits over time. To settle on a trading system that’s right for you:

First, you have to believe in the process by which the system generates trades.

Trading Is a Thinking Man`s Game - WRONG

Most traders move from trading system to trading system, and over time, until they find one that suits them … one that is comfortable to run and tests well over (back-tested, then real) time.

Some traders never stop looking for the right system.

THAT is a problem.

There are many systems that can generate nice profits over time. To settle on a trading system that’s right for you:

First, you have to believe in the process by which the system generates trades.

Forget Gurus - Your Experiences Are The ONLY Ones That Count

You read about the Gurus of trading.

There’s a group of them that started with their last few dollars and ran it up to millions because of a simple strategy they can teach you.

There’s another group of Gurus that claim hard work, long study and signing up for their newsletter will lead you to where you want to go.

All Gurus want you to learn from their mistakes.

Heavyweight Bout - You vs.The Market - Take Notes

Michael Buffer swings the microphone up to his mouth and spurts, In the blue corner, from Cleveland, Ohio, standing 5 feet 11 inches tall, weighing 215 pounds … the challenger… Tryon The-Best Ican!

Buffer continues, And in the red corner, with a record of 90 wins, all by knockout, with only 10 losses, and heavyweight champion of the world.. Marcus All-Ways Wright!

Now see yourself as Tryon.. cause that’s what you’re doing, tryin’, and of course, the Market is Marcus, because the market’s always right.

Need Help With Your Trading - Talk to Yourself

Traders love to talk about their trading.

It’s much more comfortable for most traders to talk about what COULD BE rather than WHAT IS.

They love to talk about some chart setting up, their view of the political situation surrounding the stock or market…. whatever.

Manage Your Workspace Correctly and Good Things Happen

Any experienced trader will tell you that being successful is, in large part, a matter of overcoming all the hurdles that get in your way.

The Force is Within You Luke - It Is Not the Trading System

There are only a handful of people who give a darn about supplying traders with a way to be more disciplined and focused in their trading.

Risk Capital - At Least You Thought It Was

It’s on the bottom of every piece of commodity trading literature, every commodity investment advertisement, as demanded by the New York Stock Exchange, the National Futures Association

Yum - The Seasoned Trader Feeds on the New Trader

But PLEASE just keep trading, because as you trade, we’ll be on the other side, putting YOUR cash into OUR pockets.

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