The market’s volatility presents challenges for traders, necessitating discipline to wait for optimal trades rather than reacting impulsively. Recognizing when to sit out can lead to profitable opportunities in the long run.
Category Archives: Trading Profits
Knowing When to Take Profits in Trading
A profit-taking strategy in trading maximizes gains and minimizes losses by evaluating market conditions, stock performance, and personal goals while avoiding emotional decision-making.
Battlefield Trading
Today we compare military strategy and tactics to trading strategies, emphasizing the importance of preparation and memorization in both areas, while detailing a specific trading approach for stocks before earnings reports.
Understanding Seasonality in Trading: The Bullish Month of January
January is historically a bullish month in trading, showcasing significant gains, particularly on the NASDAQ. Traders can optimize strategies by focusing on sectors like technology and energy to enhance returns.
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.
The Less I Trade the More I Make
In trading, the mantra “less is more” holds true. Focusing on fewer trades with larger capital allocation can significantly boost profits. Overtrading and treating trading as a regular job can be detrimental, and patience is key for successful trading. Control the desire to trade excessively for better results.
The Momentum Rebound Trade
This post outlines a longer-term directional leverage trade mainly on sector and index ETFs. It emphasizes identifying setup edge, entry signal, trade execution, risk management, target exit, and provides an example of a successful trade.
Back to Business
There is no better time than now to start your trading business.
What 90% of Traders Don’t Do, But Should.
Our brains are wired to keep us alive, and it has been effective for thousands of years. But trading is a different beast. It’s not a saber-tooth you are confronting. It’s a ticker on a screen.
The Five Percent Solution
Today I will explore the remarkable impact of a 5% weekly increase on a $10,000 trading account and how it can lead to a substantial growth of $126,428.08 in just one year.