Many traders don’t understand what it means to have an edge in trading. It is simply an advantage in the markets that over time leads to your winning trades adding up to more than your losing trades. There are potential edges in every market and in each time frame from scalping to value investing. What […]
Author Archives: Tom Hagen
Markets only trend a small amount of the time, they spend most of their time going sideways or become volatile and go no where. While catching a big trend can be profitable after a break out or break down of a range there are other ways to make money. Swing trading is a trading method […]
Here are the 14 stages of the psychology of a market cycle from beginning to end. Disbelief: After a bear market the first rallies into a new bull market are not believed to be real. Investors think the rally will fail. Hope: The first step in beginning a new bull market is that a price […]
Hello, Traders! The basics of what it takes to be a successful trader are simple and obviousYet daily, I see traders who fail at one or multiple KEY points that sink their performance and they keep losing accounts even though these people do have the understanding of the market that would have been sufficient enough […]
What Is the 2% Rule? The 2% rule is an investing strategy where an investor risks no more than 2% of their available capital on any single trade. To implement the 2% rule, the investor first must calculate what 2% of their available trading account is: Example: $5,000.00 account equals $100.00 risk per trade. Key […]
The fact that most traders don’t make money in the markets is no different a statistic than other fields. The majority of high school football players don’t go on to college scholarships and very few college football players get professional contracts to the NFL. Most players play for the passion and the dream. Traders have […]