Day Trading Blog
Check out our latest trading lessons, watch lists, trade recaps, and more.
Video Lesson #28-29 [FREE] - Friday Recap $5K Gains + Feedback on IL New Design Coming
Video Lesson #22-23 [FREE] - $6000 Gains How We Anticipated and Chat Logs To Follow
Please Remove Yourself: The Art of Day Trading in The Zone
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...
Rules Shmules: The Importance of a Clearly Defined Trading System
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...
“Dear Diary…” – The Importance of a Well-Kept Day Trading Journal
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, analyze the...
Be Humble or Be Humbled: Day Trade To Win and Learn to be Wrong
Series: Mental Roadblocks of Day Trading If you are anything like me, you hate to be wrong. In my humble opinion, I think this is a nasty side affect of usually being right! One of the biggest problems in the early years of my trading was the strength to step away...
A Study in Goal Setting for Day Traders, Part 2: What is Your Finish Line?
Series: Mental Roadblocks of Day Trading Trading is very much the tortoise instead of the hare. Plodding toward a far-off finish line is more likely to create more discipline on a daily basis. We have written before that it is vital to keep your trading sights set...
Stay the Course: 5 Tips for Successful Trading
1. Develop a system that works for you, and STICK TO IT! To trade successfully, you must have a system. I know most of us have heard this many times before, but this step is so vitally important, it is well worth repeating. Develop your system and stick to it like...
Ready, Set, Trade! Day Trading With Clarity And Patience
Series: Mental Roadblocks of Day Trading Unlike most jobs, your full mental capacity is the difference between a good trading day and a bad one. Remember in your early 20’s when you could stumble into work exhausted and muddle through the day? I sure do. These days...
A Study in Goal Setting for Day Traders, Part 1: The Cheeseburger vs. The Marathon
Series: Mental Roadblocks of Day Trading How many people do you know, at any given time, that are on a diet? It seems like the perpetual battle for many Americans, despite the billions of dollars of industry aimed at treating the overweight. There are many reasons...
New Series: The Mental Roadblocks of Trading
Day trading is one of the few careers that will literally pit many of your mental and emotional weaknesses against you. If you lack patience in your life, you will tend to be a trigger-happy day trader. If you do not have the discipline to cut out bad habits in your...