Now that we’re in the 3rd week of 2012, how many of you have already made new years resolutions and actually written them down? Come on… be honest. If you haven’t then I would suggest you allocate 30 minutes tomorrow and write them all down. Once you’ve done that, put beside each resolution or goal [...]
The price of gold has risen sharply in the past 5-10 years and it has attracted a lot of interest from investors. In fact, just a few months ago, the price of gold had risen to an all time high of over $1900 an once and many believe that it will continue going much [...]
CFD’s have become one of the world’s most popular and profitable trading products for active traders in the past 10 years. Why? Because CFDs provide easy access to trading stock markets all around the world, more leverage, more control, and also a very cost effective way to trade. [...]
Recently, I’ve gotten lots of emails from my loyal readers asking me what kind of trader workstation do I have set up in my trading office. So what I did is take a picture of my computer setup. I am not even going to go into details about the technical specifications of my computer because [...]
We’ve all read and heard the marketing pitches of how you can be wealthy beyond your wildest dreams and become a millionaire trading the stock market. For some people, it’s a dream but for one of my students, Andy, it is a reality.You may remember me talking about him in May of this year when [...]
Welcome back traders. I hope everyone had an awesome summer. I know I had a heck of a busy summer with lots of things going on personally and professionally in my life. Now that the leaves are starting to fall and the temperature gets colder (depending on where you are), it’s time to get serious [...]
Continuing from yesterday’s post, living expenses such as rent or mortgage is the number 1 expense in everyone’s budget and it can be as high as 50% of your total budget each month especially for those who live in an expensive city. No wonder some traders can’t take the plunge and go into trading full-time [...]
Many of you go into trading with the hopes of quitting your job and trading full-time for a living right away. That’s the ultimate dream right? Making millions in the comfort of your home with a few clicks of a button. Then reality sets in as you calculate how much you need to make every [...]
Continuing in our 5 part series, there will be days where a day trader faces obstacles in making money. It won’t necessarily be about the markets or the lack of opportunities in the markets. You can’t blame the markets for your losses so who do you blame? Of course, yourself. When I find myself not [...]
These few weeks, I’m just in the trading frame of mind and thought I would continue sharing my life experiences as a trader. As some of you know, trading for a living can offer so many advantages. You can work whenever you want. You are the boss and if you don’t feel like working today [...]
