Archive for March, 2012
Weekend Food For Thought – Mar 24, 2012
DEFENSIVE TRADING – LESSON 5 Over the last four weeks, we’ve looked at some of the most effective ways to avoid getting our trades into unnecessary risks including ~ • how we position ourselves in the market in Lesson 1, • why losses are more important than profits in Lesson 2, • what we can […]
Weekend Food For Thought – Mar 16, 2012
DEFENSIVE TRADING – LESSON 4 Trade because you have a trade. Never trade because you have to trade. That simply means that if you don’t have anything to trade, don’t trade anything. It also means that you should only trade when there is an opportunity for a low risk trade. What it mostly means […]
Weekend Food For Thought – Mar 09, 2012
DEFENSIVE TRADING – LESSON 3 Never add more risk to higher risk. The first thing you will say when you read that is, “I know that.” But do you really know? So many people I have met know this but still don’t practice it. In fact, they do exactly the opposite. In 2008, 60 Billionaires […]
Weekend Food For Thought – Mar 03, 2012
DEFENSIVE TRADING – LESSON 2 The market will give you what it wants and it will take what it wants And that is why I don’t bother with profits and instead place my focus on losses. The market will give you whatever it feels like giving you. On a generous day, it’ll give you more […]
