The article emphasizes the importance of maintaining a long-term perspective in trading, setting incremental improvement goals, and evaluating personal trading skills to navigate setbacks and enhance performance effectively.
Category Archives: Trading Business
Avoiding Tax Trouble for Traders
Trading is a business that requires careful financial management. Tax court rulings highlight the importance of correctly documenting and justifying business expenses.
Trading Expenses
To run a successful trading business, it’s crucial to track and offset all trading expenses to reduce taxable income. Use a dedicated card, linked to accounting software, for easy monitoring and tax filing.
Back to Business
There is no better time than now to start your trading business.
The Two Year Lookback
My most read blog posts over the past two years!
Timing Triumphs
The strategy of limiting trading to historically profitable times of the week or month adds a new dimension to the trader’s toolkit.
The Art of Trading Less Often to Make More Money
In this blog post, I’ll explore why trading less often is a valuable approach, particularly with options trading, and how you can implement it successfully.
Trading Your Own Seasonality
While personal seasonality isn’t everything, it is another feather in the cap of a trader who looks for every edge he or she can get.
Negotiate Your Rate
By using negotiated rates and limit orders you can significantly lighten up your trading expenses throughout the year.
Profit Tracker Perfection
Graphically chart your real profit from trading so you can see the actual health of your trading business