Trading Lessons Year after year I use the same basic principles and methods, just apply them in different ways to suit the current market conditions. One of the constants that never seems to change is human nature- how fear and greed guide the market action. Succumbing to either of these emotions often leads to financial…
Trading is Like War The stock market is a war between buyers and sellers, who each want to take the others money. The stock market is rough, and if you don’t approach it with the disposition of an irritated general, you will lose. In the stock market, nice guys finish last. Sun Tzu’s “The Art…
Most traders have a hard time believing that they can make money by buying a stock and waiting… Most of us work for money, not the other way around. Go to a job, put in the time and you get a paycheck. Work hard, your paychecks will grow. …But the thought that you can…
I was asked a very important question Friday morning by a very intelligent person… Why does Wall Street care about the employment report? This question inspired me to write this article. Jobs Report – What is it? The first Friday of every month, the Labor Department releases its nonfarm payrolls report which illustrates…