People from all walks of life are drawn to trading for many different reasons – a desire to do something for their financial future, to work for themselves, to build…
This week we look at a trading discipline that is a bit more ‘out there’ than the mental and technical discipline we have discussed in the previous two posts, that…
This week we take a look at the second core component of trading discipline – the area I call technical discipline. Trading and investing approaches vary but at the very…
When it comes to trading, discipline comprises of three core components: Mental, Technical and Physical discipline. The trading fraternity often talks about discipline being a requirement to be a successful…
Something that is a given when trading the markets is loss trades. But it’s the lessons learnt from these losses that go far beyond the money lost during unfriendly market…
A lot has been written about an investor ‘knowing the term’ of any position that they take in the market. For example, when a long term ‘buy and hold’ position…
The main benefits of using a Trading System are to: • Remove emotion from the buy/sell/hold decision. • Remove personal ego from the buy/sell/hold equation. • Exclude outside influences and…
It is ironic that generally the less capital novice investors have the more risk they take. They focus on higher risk trading instruments or higher risk trades seeking the large…
If you are a follower of my weekly journal, you would understand that my approach for successful investment in the stock market is rules based and mechanical. The SPA3 methodology…
With systems operating around us and our lives essentially dominated by systems – systems that are designed by humans for use by humans – why is it, that we seem…