The Trader Drift

drift

I just returned from a 10-day vacation in the Dominican Republic with my family. As with most vacations, my primary focus is to unplug and vacation intentionally with my family and leave my work behind me. I also like to unplug by reading a book when time permits.   On this vacation, I read this … [Read more…]

The answer for everything!

The answer for everything!

Today I’m going to give you a philosophy for being successful that may shock you.   Are you ready?   Here’s the belief:   … Money is the answer for everything.”     WHOA! Did he really just say that?   I did. But before you freak out let me explain a bit…   The mental … [Read more…]

The Whole World STINKS!

The Whole World STINKS!

What does spoiled cheese, a mustache, and trading all have in common?   Read on and you’ll find out!   I recently had a student send me a rather inflamed email telling me how he has been with us for 4 years and nothing we have taught him has ever worked. That none of this … [Read more…]

This One Chart Pattern Breaks Bullish 68% of the Time!

chart pattern

There is only one reason to learn to trade chart patterns: to make more consistent predictions about future price action.   Unfortunately, there are many patterns that traders spend time learning and memorizing that either don’t occur that frequently, or worst, they aren’t that predictable!   Here I’m going to share with you a pattern … [Read more…]

Perfection Kills Progress

perfection

A couple of weeks ago I wrote a post about “The single most important thing in trading…”   I received some great feedback and both Eric and Aivaras asked essentially the same question. I’m going to re-word the question and put it into my own words:   “Help! I’m stuck! How do I get unstuck?” … [Read more…]