|
|
 |
|
|
Transitioning From Part-Time to Full-Time Daytrading: Ensuring Sufficient Income
One of the toughest times of my life – that threatened my own psychological wellbeing as well as the potential safety and security of my family – was in early 2004, when I first made the leap from part-time to full-time trading...
Author: Lance Beggs - Category: Finances
Rating:  |
| |
A Trading Psychology Lesson From a Nine Year Old
I was driving in my car the other night with my twin daughters when the conversation somehow turned to what they wanted to do when they grow up...
Author: Lance Beggs - Category: Finances
Rating: |
| |
Trading Risk Management - Tight Stop Losses
Here's an extract from a great email conversation with one of the YourTradingCoach readers, in which he discusses the use of tight stops:
"I adopted this approach in the beginning, but got stopped out of the market so many times I started to widen them...
Author: Lance Beggs - Category: Finances
Rating: |
| |
Three Trading Losses in a Row
Three losses in a row are tough That’s about the most consecutive losses that novice traders are psychologically prepared to accept before they feel compelled to take action and ‘correct’ the situation...
Author: Lance Beggs - Category: Finances
|
| |
Trading Risk Management - Rule of Three
Would you like to discover a quick and simple risk management strategy that is easy to apply to any trading plan, and has the potential to vastly improve results...
Author: Lance Beggs - Category: Finances
|
| |
|
|
Support and Resistance - The Greatest Trading Tool
Despite all the hype from the internet marketers who try to sell you the latest trading ‘secrets’, the fact is there are NO secrets...
Author: Lance Beggs - Category: Finances
Rating: |
| |
Trading - A Common Indicator Mistake
I love it when I read forum entries from people suggesting trading strategies along the lines of:
- Enter long when the RSI(14) is above 50, the stochastic (14,5,3) has crossed positive, and the Williams %R(14) is rising from the oversold area
- Enter short when the RSI(14) is below 50, the stochastic (14,5,3) has crossed negative, and the Williams %R(14) is falling from the overbought area
(Disclaimer: I just made up that strategy, so don’t trade it without testing it first – the fact is though – I seriously doubt it works)
Look, there are many problems with calling something like this a strategy, but the one I want to discuss today is simply that each of these indicators belongs to the same class of indicator...
Author: Lance Beggs - Category: Finances
Rating:  |
| |
Why Price Moves - An Introduction
You’ll find in many trading books, websites or courses a statement to the effect that ‘price rises because there are more buyers than sellers’, or ‘price falls because there are more sellers than buyers’...
Author: Lance Beggs - Category: Finances
|
| |
Trading Timeframe Selection
Well, I’ve had a frustrating week No opportunity to trade until Friday, and no opportunity to work on my website and newsletter service...
Author: Lance Beggs - Category: Finances
|
| |
Stop Losses - My Biggest Downfall
One of the common email questions I get through my website relates to difficulties in sticking with stop losses...
Author: Lance Beggs - Category: Finances
|
| |
|
|
Trading Problems - Maintaining Focus
I once heard a statement by Rebecca Fine of wwwscienceofgettingrich...
Author: Lance Beggs - Category: Finances
|
| |
Dealing With Market Uncertainty
The nature of the markets is uncertainty Human beings do not like uncertainty...
Author: Lance Beggs - Category: Finances
|
| |
The Hidden Secret Of Technical Analysis
Did you know that there is a whole ‘other world’ of technical analysis that most novice traders are either totally ignorant of, or fear to go due to the fact that it might actually require some work...
Author: Lance Beggs - Category: Finances
|
| |
My Favorite Trading Strategy
What I’d like to do in this very short article is give you an overview, looking at the strategic level, of how I trade my favorite setup, which will be the one referred to in most of the analysis on my website...
Author: Lance Beggs - Category: Finances
|
| |
Price Analysis – A Top-Down Approach
In a previous article I mentioned that my analysis involves monitoring price action, in order to gain an insight into the short term sentiment of the market...
Author: Lance Beggs - Category: Finances
|
| |
Trading Psychology - Doubt
I want to talk about a common theme that’s in many of the email questions I get through my website
Many people have bought a trading system, or a couple of books, or attended a seminar, and just not achieved the success they thought they’d get...
Author: Lance Beggs - Category: Finances
|
| |
|
|
| |
| Result Page: | |
1 | |
|
