Top 4 mistakes when trading Chart Patterns – Part 3

chart patterns

One of the big challenges when trading chart patterns is the tendency to have somewhat ambiguous rules for what actually qualifies for a pattern.   For those of you who are engineers, scientists, accountants and the like, this reality with chart patterns drives you completely nuts! For those of us who are more creative, artists, … [Read more…]

Trader Discipline

discipline

One of the common reasons I hear from struggling traders is their belief that they need to become more disciplined. How many of you have ever said that to yourself or someone else?   “If I can only be more disciplined then my results will be amazing.”   The presupposition in that thought is the … [Read more…]

Maximizing Cash Flow – #5 The Ultimate Dividend

Maximizing Cash Flow - #5 The Ultimate Dividend

You have already learned a LOT in this Maximizing Cash Flow series. Now it is time to supercharge things!   As you learned in our last blog, “Stocks That Generate Income,” there is a tremendous benefit to buying stocks that pay you consistently through dividends. The problem is, most of those dividends pay out quarterly. … [Read more…]

Top 4 mistakes traders make when trading chart patterns – #1

Top 4 mistakes traders make when trading chart patterns - #1

Chart patterns are a great addition to the trader’s toolbox.  They help increase a trader’s insight into trading sentiment and ultimately give indications as to the next likely move.   Unlike some of the newer techniques and gimmicks in the world of trading, chart patterns are a time-tested trading technique that has proven to be … [Read more…]

Cease from your labor…

Cease from your labor...

It’s labor day! That means: The markets are closed School’s out All the mattress stores have HUGE sales (great if you’re sleepy) And we get to celebrate a holiday that we really aren’t so sure about the meaning of it’s existence!   It doesn’t really matter where it came from, Labor day is a great … [Read more…]