Pot stocks have been the biggest craze in finance in 2018. Many Canada-based stocks in the cannabis industry have made massive moves this year, as Canada declared earlier this year that they would become the first major industrialized nation to legalize retail marijuana sales, starting in October 17th. Some US stocks in the marijuana industry …
Every day trader has had to deal with the pain of giving back profits after you are up on the day. It is one of the worst feelings in trading, and for some it feels worse than just having a small red day. In order to succeed as a day trader, you need to know …
Read moreRisk Management Lesson: Giving Back Profits Needlessly
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