It’s said that the human brain has as many as 100 billion neurons, each of which is capable of firing up to 200 times per second. That’s a lot of information flowing through our craniums. It’s no wonder, then, that we sometimes go on autopilot, making decisions and even acting without thinking. When the results […]

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In his 1905 book The Life of Reason, George Santayana, a Spanish philosopher, wrote the famous phrase, “Those who cannot remember the past are condemned to repeat it.” Although Santayana was not a trader, his words should be taken to heart by anyone who attempts to extract profits from the markets. All you have to […]

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Let’s face it. We’re living (surviving) the era of “all about me.” We post pictures of our gourmet scrambled eggs. We tweet urgent thoughts about the perfect dog groomer. Yup. Narcissism on steroids. Except in one area. When veteran traders lose money on a trade, that self-involved bullhorn is nowhere in sight. A trader might […]

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Developing a trading style consistent with your personality may be an important factor in trading success. After all, there are a variety of trading approaches and many ways to potentially make money in the financial markets. Because there is no one “holy grail,” different approaches may work better for different people. I Got “Cheetah,” How […]

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We’ve all heard the old saying: practice makes perfect. Just like athletes who hone their skills on a daily basis, traders can, too. However, many traders don’t practice their strategies and methods at all. Have you fallen prey to the idea that if there isn’t money on the line, it’s not worth doing? Nothing could […]

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Like most people, traders are creatures of habit. Those lucky enough to be living with the market-obsessed might even argue that traders are a species entirely of their own. In all seriousness, pre-market and post-market routines can be what makes or breaks a trading approach. Thankfully some members of our trading team have been nice […]

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It’s easy to tell someone to keep their emotions out of investing. From a practical standpoint, however, it’s a trap most of us fall into at one point or another. “People say don’t have emotion in your trading, but it’s impossible,” said JJ Kinahan, chief market strategist, TD Ameritrade. “It’s money, and people are always emotional […]

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Jim Simons is a math professor and the billionaire founder of Renaissance Technologies, one of the biggest hedge funds in the world. His fund places trades based upon highly complicated, proprietary mathematical equations and algorithms. Jim Rogers is also a billionaire, famous for founding the Quantum Fund with George Soros. Rogers has said of his […]

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At its core, trading is not about gambling, it’s about making choices: What stock to trade, how big a position to take, where to enter, where to exit, and maybe most important, when to take a loss. We all know the math behind the issue—a 20% loss first starts with a 1% loss—but too often […]

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Has this ever happened to you? After doing your analysis, you find a handful of potential trade candidates. You check the fundamentals, the technicals, the charts, and narrow your choices down to one or two that fit your strategy. You select your entry point, plan an exit strategy, and set an alert to get you […]

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