The Trend is your Friend
I decided to use the word “Mantra” in the title because it means a commonly repeated word or phrase and the trading phrase “The Trend is your Friend” is often repeated among most stock traders if they use charts or technical analysis. The more years you spend trading, the more you [...]
Archive for January, 2010
Trading Mantra – THE TREND IS YOUR FRIEND
January 30th, 2010
admin Stock Trading Lesson – Don’t Get Lazy
January 28th, 2010
admin Stock Trading Lesson – Don’t Get Lazy
The title of this post pretty much sums up this rule of stock trading or any trading. Lets say you have spent many hours and years developing your investing or trading knowledge and learned many of the hard trading lessons by losing money (hopefully learning and correcting from your [...]
Stick To Your Trading Plan
January 26th, 2010
admin Stick To Your Trading Plan
As a continuation to the previous post about having an exit strategy, another big mistake new and many veteran traders face is changing your trading strategy or plan when you aren’t trading well.
It is so easy to get distracted by a new strategy or tweaking your existing plan when you are [...]
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