Keeping a Trading Journal

One common trait among successful traders is the use of a Trading Journal. Many think a Trading Journal is nothing more than a log of transactions but an effective Trading Journal can help one evaluate and educate themselves on trading. A Trading Journal can help you determine your strengths, weaknesses and biases by providing daily … Read more

How Much Should you Trade When you Trade?

First off, let’s start off by looking at position sizing. Position sizing, in its most basic aspect, is the dollar amount being invested in any security on any trade. Every successful trader will have pre-determined rules for their trading account. Obviously, each individual position size will be based upon account size, risk tolerance and belief … Read more