Why Use a Stop Limit Order?
I remember the moment it became painfully clear to me why you would want to use a stop…
Trade Like Vingegaard Won the Tour de France
As a cyclist, I avidly follow the Tour de France each summer. This year’s event was an instant…
How to Create a Profitable Trading Strategy
I’m going to let you in on a little secret. All trading strategies work and all strategies don’t…
Exiting Your Trades – What Works Best?
New traders are always interested in how to enter trades, but they’d be much better off spending more…
Choosing a Backtesting Platform
A trader on Twitter posts a chart with a winning trade along with arrows for their entry and…
The Day I Almost Quit Trading
It wasn’t a single day, it was more like a week of wondering if I should quit trading.…
A Daily Trading Goal is a Terrible Idea
In Annie Duke’s book Quit, she describes a study of the behavior of 2000 cab drivers in New…
One Question to Identify a Profitable Trader
If you’ve traded for any length of time you’ll quickly realize that there are a lot of traders…
Take Your Best Trades with Bigger Size
Imagine you’re playing poker and one of two scenarios plays out. Scenario A: you’re dealt a pair of…
Can Limited Time for Trading Be – A Good Thing?
Fellow reader Sashi N. (posting with permission) contacted me with this trading concern: Hi Dave – my biggest…