Trading mechanically with rules requires trading discipline. The easy thing is saying you will follow the system rules. However when things get tough - you get punched in the mouth - it can be very easy to abandon the rules... … [Read more...] about Trading Discipline: Everyone Has a Plan Until They Get Punched in the Mouth
Recent Trading Tips
TQQQ Trading Strategy and Multiple Trading Strategies
Even though I write about and sell and eBook for the TQQQ Trading Strategy, I would never tell someone to only use that one strategy. In fact, it is important that traders use multiple trading systems. … [Read more...] about TQQQ Trading Strategy and Multiple Trading Strategies
Use Guppy Multiple Moving Averages for Market Trends
The quickest way to determine the stock market trend is by using Guppy Multiple Moving Averages. By examining a series of short-term and long-term moving averages, and their relationship to each other, we can very quickly see how the market is performing. … [Read more...] about Use Guppy Multiple Moving Averages for Market Trends
Using a 2x ETF Trading Strategy to Amplify Returns
I get asked all the time by more conservative traders if it works to trade the TQQQ Trading Strategy using a 2x ETF. Some people view the 3x ETF $TQQQ as too aggressive. If you are one of those people, then read on to see how using QLD performs. … [Read more...] about Using a 2x ETF Trading Strategy to Amplify Returns
Robotic Trading Requires Patience
This site's robotic trading strategy will go through periods where it sits in cash. As of today, the system is in cash which is good as we avoided that big down candle on December 9th. That protected a lot of capital. … [Read more...] about Robotic Trading Requires Patience
