Reader Question: How to Stop Overtrading?
I have received several questions about overtrading over the past few weeks. Each question touched on a different aspect of the problem,; this is a serious question that many traders…
The homework rule
I've written a series of short posts this week on simple trading rules that can make a difference. I've tried to make this as broad as possible, so that they…
Getting that elusive market feel
This week, I'm writing a series of short posts on very practical, applied things that you can add to your trading toolkit. I'm trying to select these so that they…
Adding to positions: a simple rule
I want to share a simple rule that has worked well for me over the years. I'll explain the how and why, and then wrap up with some thoughts about…
Five steps to trading discipline (and why you should care)
You have to be a disciplined trader. This is one of the nuggets of trading wisdom we hear constantly, and for good reason--it's true. Without discipline, we will make many…
Five steps to a successful investment process
It's easy to make money in the market. Anyone can place a winning trade; no expertise, experience, knowledge, or edge is possible. It's not so easy to make money in…