Trading University Daily

The Six Stages to Trading Success: Stage Four 1. Ownership 2. Planning 3. Working 4. Analyst 5. Artist 6. Trader The first three stages are obstacles, while the second three involve the process of learning to trade. Today’s lesson covers stage 4 of the six stages: analyst.     When I ask a client whether they see themselves first as a trader, or [...]

 The Six Stages to Trading Success: Stage Three Ownership Planning Working Analyst Artist Trader The first three stages are obstacles, while the second three involve the process of learning to trade. Today’s lesson covers step 3 of the six stages: working. In stage two, planning, we covered the importance of selecting a trading methodology which [...]

The Six Stages to Trading Success: Stage Two 1. Ownership 2. Planning 3. Working 4. Analyst 5. Artist 6. Trader The first three stages are obstacles, while the second three involve the process of learning to trade. Today’s lesson covers the 2nd phase to achieving trading success: planning. Nothing that has stood the test of time in this world was built [...]

Six Stages to Trading Success: 1. Ownership 2. Planning 3. Working 4. Analyst 5. Artist 6. Trader The first three stages are obstacles, while the second three involve the process of learning to trade. The first, ownership, which we will cover in today’s lesson, is the biggest roadblock, and the reason why most individuals fail to become successful traders. Ownership encompasses [...]

Grover Norquist is the head of Americans for Tax Reform who is known for having politicians sign a pledge not to raise taxes. What is newsworthy about that is that politicians, republicans in particular, are upholding the pledge. So much so that despite being tasked to come up with a plan to try to shrink [...]

The S&P 500 futures index, considered the alpha market in today’s highly correlated financial market place, shifted its weekly direction lower on Friday, to close below a 3-week pennant and post a 1-month low settlement. While stocks do have a powerful bullish seasonal this time of year, climbing back into the spring range is proving more [...]