Anyone who has never made a mistake has never tried anything new. – Albert Einstein

  • Please Remove Yourself: The Art of Day Trading in The Zone 

    2009-06-29

    Series: Mental Roadblocks of Day Trading

    Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment - Buddha

    Hopefully, throughout this series, Overcoming the Mental Roadblocks of Trading, you have had the opportunity to address some habits that have held you back from being a great trader. Day trading is like anything that requires great effort and offers great rewards. The farther you go on this path, the more you will find to learn. In this way, this is one of the most exciting and gratifying careers.

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  • Rules Shmules: The Importance of a Clearly Defined Trading System 

    2009-06-22

    Series: Mental Roadblocks of Day Trading

    I put a lot of emphasis on a trader’s system in my tutorials. It must be one of the most used words in this blog. I use it as a general term because each trader has his own system with its own specific sets of rules. But the common denominator is that each system does have some invariable rules, regardless of the system itself.

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  • “Dear Diary…” – The Importance of a Well-Kept Day Trading Journal 

    2009-06-15

    Series: Mental Roadblocks of Day Trading

    “Study the past if you would define the future.” - Confucius

    Have you ever asked yourself, “What the heck was I thinking?” It is a very important question in trading. Every trader should take the time to look back,

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