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General Trading

How to Know if a Strategy Works

The sure-fire way to know a trading strategy works, is to start using it and watch your account steadily grow. But how do we know if a strategy is going to work before we put money into it? Well, we can’t know for sure what will happen; but we can...

What’s Your Trading Style?

Or better still, ‘What trading style suits you?’ In this article, we’ll look at common trading styles as well as approaches to the markets that will help guide you in choosing your own trading style. Remember, every trader is unique and as you skill up on your trading journey, you’ll...

Treat Trading Like a Business

In the early 1990s, I did about 10 workshops with Jack Schwager’s New Market Wizards interviewee Tom Basso. In each of those workshops, Tom said, “I’m a businessman first and a trader second.” One of the major mistakes that most traders make is that they do not have that...