What golf teaches us about trading- 14 Points

 What golf teaches us about trading- 14 Points Lessons from gold for traders 1. Each golf shot/trade is a learning opportunity.  2. In golf you play the ball where it lies.  You can hit a great shot and find it in a divot and you must play from there.  In trading you can make a good trade, find yourself underwater in losses, and must trade out of the position.  3. Golf is an individual sport and trading is an...

10 Ways to Become a More Consistent Trader

10 Ways to Become a More Consistent Trader 1) Visualize yourself trading consistently. 2) Set realistic goals for your trading.  3) Do not spread yourself too thin. 4) Prepare consistently. 5) Keep a live trading journal.  6) Develop clear exit rules for your trades. 7) Always know how much you are willing to lose on a trade. 8) Develop a trading PlayBook of your best setups and trade those plays.  9) Keep trading statistics...

Unpublished Interview Of Legendary Trader Jesse Livermore Conducted by Edwin Lefevre 1922

Unpublished Interview Of Legendary Trader Jesse Livermore Conducted by Edwin Lefevre 1922  What follows is a never before published “interview” with Jesse Livermore. Conducted by Edwin Lefevre, dated circa 1922, this “interview” reveals great insights into the mind of the famous trader. As we will see, the wisdom imparted here could change our entire perspective on the speculative game we love and enjoy.  It might even change our lives. ...