What is a Trading Plan – and Why You Need One? (04 Jan 2006) Contrary to popular belief, you do not need to know where market tops and bottoms are to make money. In fact, that is where most people will go wrong. The best traders in the world realize that neither they, nor anyone else knows what is going to happen. Sure, everyone can point out tops or bottoms after the fact, but no matter what anyone tells you or tries to sell you, NO ONE can pick tops and bottoms consistently. This is why you need to understand what a trading plan is.
The Secret Art of Backtesting (04 Jan 2006) Lack of confidence usually forces traders to question their own trading systems. They give into the temptation to modify their trading plan with devastating consequences. This temptation spawns on by a string of losing trades or an opportunity to replace their trading system with a whiz-bang indicator that is usually talked about in traders chat forums. This seems like the answer to all traders' prayers, but that is all the more reason why you need to learn all about the top news secret art of back testing.
Losses, not Profits, will Stop You from Trading in the Market (04 Jan 2006) It is very unlikely that you will stop trading if your system is trading profitably. However, if you are in a trading year that takes too big a loss, you are likely to stop trading, even if your system has been tested and shown to make a profit over a longer time period. Therefore, it is important to understand why losses not profits will stop you from trading.
How To Beat The Mutual Fund Companies At Their Own Game (04 Jan 2006) You'd have had to be living on a desert island with no TV, newspaper or internet connection to have missed hearing about the great mutual fund scandal of 2003. The issue was that some mutual fund com...
The Secret Method to Selecting a Winning Trading System (04 Jan 2006) This is perhaps one of the most important articles I have written. The methodology discussed ultimately determines your success or failure in the market. It is equally vital that you have the discipline to stick with picking an effective trading plan, but you must have regulation in order to follow your new trading system. I cannot develop your methodology for you. I can make suggestions and put forth examples, but you ultimately must devise a system that is your own, because you must be able to follow it. In order to follow your new trading system, I discuss why it is important for your trading system to reflect your own personality.
Psychology – How to Reduce Negative Thoughts Relating to Trading? (04 Jan 2006) Two different elements make up the psychology of the brain and/or mind. Put these two element in the proper place, you have success. However, reverse the role, you have disaster. This article is intended to act as a follow up to the article entitled: Investors - What Separates the Good Traders from the Bad Traders?
Lies, Damn Lies and Mutual Fund Returns (04 Jan 2006) How many times has this happened to you? You're at a social function and the conversation turns to investing. Pretty soon, people are comparing how well their investments are doing. As you might imag...
Lights of the Stock Market (04 Jan 2006) The most important light that will stop you from losing money in the stock market.
Investing in the Stock Market (04 Jan 2006) From the book 'The Stockopoly Plan' by the author Charles M. O'Melia There are several factors an investor in the stock market should consider: 1. All stock purchases should be commission-free. 2...
12 Basic Stock Investing Rules Every Successful Investor Should Follow (04 Jan 2006) There are many important things you need to know to trade and invest successfully in the stock market or any other market. Twelve of the most important and basic things that I can share with you are based on many years of trading experience.
Discover the Biggest Trading & Investing Online Mistake (04 Jan 2006) Exposure to this crucial oversight will cripple your finances. The most dangerous trading and investing online mistake is not failing to find the best market research, nor lacking the discovery of the best financial market news guidelines, nor neglecting to locate the best stock market tips or resources on a primary market day; so if the number one error is not written in the by-lines above, then what on earth is it? It does not matter if the risk capital investment is investing in option trading, the stock market, world market, investing in bonds, long or short term investing, or any kind of money investing for that matter, because the global market has no friends.
Selling Strategies - Setting a Stop Loss (04 Jan 2006) Its important to understand the psychology of investing. When we make money, there is instant euphoria. When we start to lose money, there is a sudden "deer caught in the headlights" type of emotion, which makes us unable to do the right thing. We fear that the moment we sell, will be the moment that it starts to rebound. We have 2 strategies to help you automate your exit plan and lock in profits or keep your capital...
Oil Stocks As A Long Term Investment (04 Jan 2006) The demand for world oil is increasing while world reserves are decreasing. This is a known fact. The current price of oil can certainly confirm this statement. Consensus also agrees that we will never see $25.00 oil again. The logical conclusion to our above statement is oil stocks should be a good long term investment. However, the location of the oil companies' reserves can affect their bottom line and valuation.
A Funny Thing Happened on the Way to the Stock Market (04 Jan 2006) Never has so much been written that has so little meaning for
the long-term, dollar-cost-averaging, buying investor of
company shares that have a historical record of raising their
dividends year after year after year.
Trade Stocks for Real (04 Jan 2006) I read a comment by a person that suggested that every investor should back test their system for at least twenty years. I disagree and will now tell you why. Back testing and paper trading seem to be the most over emphasized techniques offered by market theorists, educational elite, market novices and/or market fakes...
The Problem With Hedge Funds (04 Jan 2006) Are hedge funds a suitable investment for you? Learn why you should be careful when investing in hedge funds.
Are You A Stockaholic? (04 Jan 2006) Take the quick quiz and find out if you are a stockaholic ...
