Many investors believe that the markets are a dangerous and scary place… A dark jungle, filled with risks and dangers around every corner… They can point to experiences where they invested and lost a LOT more money than they ever thought was possible when they initially entered the position…
I ran across this YouTube video from an old news series on “being a commodities trader”…. What a lot of fun to see the open outcry pits in action and to see how they portray the “crazy gamblers” they interviewed. How things have changed… From a dirty, smelly, loud analog human interactive experience, we now…
As I work with traders at every stage of their development over the years, a clear pattern began to emerge… There are 6 basic stages a trader passes though as they go from total beginner to market master… See if you can recognize the stages you have experienced in your path to this point, and…
While the 3D Apex Trading Methodology® works equally well in all asset classes, the Foreign Exchange, F/X or Forex market is what we suggest that people start with… It is a 24 hour market, so a trader who is learning can come home after a 9-5 job and trade in the evenings… It has the…
The markets are random… Trading is a socially acceptable form of gambling… You can’t time the markets… Three of the most destructive false beliefs that many have about the world’s financial markets. I am going to DESTROY THEM ALL in this article!
Let me ask you a question… How many times have you made a plan… Built a clear pathway to a desired outcome… And… Kept to that plan?
Patience… So easy to talk about, but so hard to embrace… Here is how to fix it…
They say that the market is a random walk… They are DEAD WRONG!
Larry Hite Co-founded Mint Investments in 1981… He “discovered” commodity trading when he read an article about the business in Playboy magazine… He reached out to a neighbor who was a commodity broker who told Hite that if he started with $2,000, he could make $1,000 a day by actively trading.
Everybody who has ever tried their hand at trading or investing will have had some stunning winners… The problem is that they also have a bunch of stunning losers which take back their profits before they have time to spend or enjoy them!
