I talk a lot about how to make your trading as boring as watching a bad documentary. But what does it take to get to where your trading is done by rote? Almost like it was done by a robot servant. A robot servant that will carry out your chores, exercise, or follow the QiT […]
If financial suicide is not the predominant reason for trading, then what could keep someone from doing something that would otherwise make absolute, perfect sense? Doesn’t it make perfect sense to have a plan when trading? A well thought out direction for each and every trade. If so, then why do so many traders not have […]
Introducing the new portfolio QiT has just been added to our ever expanding list of trading options, a Long Only S&P 500 Portfolio, for retirement type accounts and take a visit to the Land of OZ.
In my Blog article called “5 Fundamental Truths in Trading“, we introduced the 5 Fundamental Truths in Trading from Mark Douglas’ excellent book, Trading in the Zone, and now we are going to expand on each of them. Anything Can Happen … on any given trade. There are always unknown forces operating in the market […]
Learning to live through a drawdown is probably the hardest thing you will ever do as a trader. Here are 5 points to help you through them.