Essence of Trading

... continue from part 3 "The only thing more expensive than education is ignorance" - Benjamin Franklin Self-correction is the most difficult part in critical thinking. We ...

I used to take seasonal allergy medicine religiously every year. At the beginning of spring, while people keep talking about how great the coming season will be, I would look ...

We often hear our peers learning a new trading technique here, finding a new reliable trading setup there, etc. We seldom hear anyone saying that they refined their techniques and ...

We were told, by traders before us, that trading is difficult - difficult to learn, difficult to turn a profit, and difficult to master. Their words, together with ...

A dilemma I often witness from my unique position in talking to potential investors and hedge funds is that people often do not know what they need. I have several ...

Financial analysts often make a big fuss with very detailed analysis of the financial data reported by the exchange listed corporations. And then as an after thought, a chart or ...

All common trading techniques with positive expectancies are likely triggered on confirmed basis, meaning that there is no top and bottom picking involved. Yet, almost all traders who learn to ...

Critical thinking is not just thinking hard or deep into an issue and then decide whether to believe it or not. It is a common misunderstanding that everyone can just ...

The latest fiscal cliff fiasco and the ongoing financial crisis in Europe and Japan spurred a lot of discussion on the net. Some blame it on the politicians not doing ...

In trading, younger traders often feel pumped when they have to struggle through many trades during the day in order to come out ahead with a profit. For older traders ...