Kunal Desai How many times has this happened to you: You trade your butt off in the morning, and by 11am you end up in the red. Maybe it was because you broke your trading rules or maybe it wasn’t and it was just one of those days. You woke up this morning to make some money, …
Winning traders are rare to find. The reason is because few people have the perseverance and dedication to become an independent, profitable trader in the stock market. Few people are willing to completely remake themselves and develop the traits needed to become a successful trader. After working with 1000s of students, I have found 5 …
Leverage is a controversial subject in the trading world. Traditional investing advice discourages the use of margin. You hear stories of traders going into debt to their broker because of it, and many other negative things on the mainstream financial news. These things are true, but it can also be an effective tool to exponentially …
Every successful trader has gone through a different journey on their path to profitability. Every trader has a unique perspective on the markets, and it is worth listening to as many traders’ stories as possible. A common theme you will find is that every profitable trader had to go through immense adversity to get to …
Read more4 Essential Trading Lessons From A Successful Trading Student
One of the biggest mistakes new traders make is not taking the time to learn and take advice from experienced traders. There is no reason to make all the mistakes yourself when you have experienced traders in our community to learn from. Brian Boyd is one of our most successful trading students, and he has …
Read moreAn Interview With A Successful Trading Student | Momo Trader Day 5
Trading is a profession full of ups and downs. Given that the stock market is random by nature, there will be periods when you will go through trading drawdowns, even if you have a system with a high win rate. During these periods it is easy to lose confidence in your trading ability and your …
Read moreHow To Recover From Trading Drawdowns | Momo Trader Day 4