Book of Proverbs – Let the Lord Guide You

Hello Traders, I thought I would take this time to share another proverb with you from the book of Proverbs. “Trust in the LORD with all your heart and lean not on your own understanding; in all your ways acknowledge Him and He shall direct your paths.”  – Proverbs 3:5-6 This is one of my…

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More Trading Wisdom from Jesse Livermore

Hello Traders, Today I would like to take some time to revisit again with Jesse Livermore. “My first conclusion is that I win when all the factors are in my favor, when I am patient and waited for all the ducks to line up in a row.  That led me to my second conclusion, that…

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Double Your Pleasure – Don’t Double Your Trades!

Hello Traders, One of the worst enemies of traders is over trading in any given trading day. It is said, Gann could just about guess the top and bottom in intraday trading.  Wyckoff even wrote about it, but does this help us as traders? How many trades are too many on any given trading day?…

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Double Your Pleasure – Don't Double Your Trades!

Hello Traders, One of the worst enemies of traders is over trading in any given trading day. It is said, Gann could just about guess the top and bottom in intraday trading.  Wyckoff even wrote about it, but does this help us as traders? How many trades are too many on any given trading day?…

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Dogfight in Trading – Trend Channel Breakout

Hello Traders, I had to use just about all my trading tools in my toolbox today to make it a positive trading day.  I employed the Trend Channel Breakout off the Lower Bollinger Band during my trading day going for the UADR and the PDH. April 11th, 2012:  200 Trades Chart Some days it is…

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