How Much Money is Needed to Begin Trading?

When I first entered the trading world, one of the first questions I and many new traders ask is “how much money is needed to begin trading?”  Sure, you can simply go to a broker and ask them what their minimum required deposit is and plunk that amount down…  That’s exactly what I did at […]

The Rules Change in a Bear Market

I’m operating with the notion that we are in the early stages of a new bear market (and global recession). My longstanding readers know I first turned defensive on equities in early August 2015 (before the big August crash).  In the short term, the action remains lousy on Wall Street (to put it nicely). The […]

How to Create Your Own Trading Journal in Excel

Why create a trading journal? A key tool most successful traders use is a Trading Journal. The reason we keep journals is so we can easily go back and review past trades and figure out what went right, what went wrong, and attempt to figure out why. There are many different ways that you can […]

How to Create Your Own Trading Log Template

  The Market is our greatest teacher… For trading and investing, it is often said that the market is the greatest teacher.  If that is true then it’s imperative that we take copious notes!   Benefits of a Trading Log Template: For those of us who prefer paper logs and journals, are not in front of a […]