market cycles

The 4 Market Cycles Every Asset Experiences

Every asset is in a period of consolidation or trending. Market cycles apply to stocks, cryptocurrencies, futures, and any other market. Mastering market cycles will allow you to understand the big picture of any asset, and give you an edge over most traders who trade solely on emotion and hype. As momentum traders, we want …

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position sizing

The Art of Position Sizing: Read This Before Your Next Trade

Clench the mouse when you enter a position? Cannot leave the computer to go to the bathroom when you’re in a trade? Watch every tick and sweat through 3 shirts a session? If you do any of these, you are trading with too much size. Trading with too much size not only makes trading way …

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capital

When Should New Traders Trade With Real Capital?

One of the many questions I get from my students is “When can I trade with real money?”. It’s on every trader’s mind as soon as they start learning about the stock market. Trading is not much different than any other high-paying profession. Education and practice precede the big paydays. A surgeon doesn’t start cutting …

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trading discipline

3 Simple Ways to Improve Your Trading Discipline

You know you should’ve cut the loss there. But you froze, told yourself it would reverse, and it kept dumping. You said last week this would be the last time this would happen. But here you are, staring at another big trading loss. You know WHAT you’re doing wrong, but you don’t know how to …

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trading goals

7 Trading Goals Every Trader Should Set For 2021

Most traders will be setting monetary trading goals for 2021. To make $100,000. To make $200 a day. To become a millionaire. All those goals are useless without process-based goals. Monetary goals fail to create the framework and routines needed to achieve them. Your process creates the PNL. The trading goals below are all processed-based. …

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trading anxiety

5 Ways to Conquer Trading Anxiety

It’s no secret that trading can be a stressful profession. A game that involves your ego, money, and a lot of uncertainty will cause anxiety even in the most experienced of traders. But there are several simple techniques and changes that can SIGNIFICANTLY lower stress levels. Before talking about how to combat anxiety, let’s start …

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