Feb 25, 2014

Trading Wisdom From WILLIAM EKDHARDT

Trading Wisdom From WILLIAM EKHARDT 1. What is the state of the market? 2. What is the volatility of the market? 3. What is the equity being traded? 4. What is the system or the trading orientation? 5. What is the risk aversion of the trader or client? Regardless of how you trade or invest … you better have those answers in advance of betting real money. BELOW ARE SOME SELECTED INVALUABLE QUOTES:  “If a betting game among...

Feb 19, 2014

24 RULES FOR SUCCESS IN TRADING

24 RULES FOR SUCCESS IN TRADING 1.    Plan your trades. Trade your plan. 2.    Keep a positive attitude, no matter how much you lose. 3.    Continually set higher trading goals. 4.    Successful traders have a well-scheduled planned time for studying the markets. 5.    Place the stop at the time you make your trade 6.    Avoid getting in or out of...

To win the mental game you must have…

To win the mental game you must have… 1.    …faith in yourself. 2.    …faith in your system. 3.    … an understanding of what trading size you can handle. 4.    …an understanding of the level of losses you can deal with mentally and emotionally. 5.    …a love and passion for trading. 6.    …the belief that it is possible to win in trading. 7.   ...