A note on papertrading
Many trading industry authorities will suggest that a newbie trader attempts to trade the stocks/commodities via a simulated account first, before he or she takes a plunge in the real […]
A note on papertrading Celý text »
Tato sekce obsahuje Tomovy obchodnické články v angličtině. Většina z nich pochází z poloviny devadesátých let, kdy byl Tom aktivním dopisovatelem na několika začínajících zahraničních oborových internetových serverech a proslulého tištěného Futures Magazine.
Many trading industry authorities will suggest that a newbie trader attempts to trade the stocks/commodities via a simulated account first, before he or she takes a plunge in the real […]
A note on papertrading Celý text »
While you might want to follow and analyze as much markets as you can master (which is usually a plethora), I did learn – the hard way, what else –
Trade like the hawk Celý text »
Forecasting techniques make it easier for a trader to develop a directional bias, anticipate changes in a trend, and pre-plan strategies. When we develop a *bias*, it must be understood
The art of forecasting Celý text »
First of: this is not to bash brokers as such in any way. But because of my dealing with a lot of newbies day in and day out, I feel
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One thing I always tell new traders, among all other things, is „Do expect to LOSE. Because you will“. Now, I don‘t mean, „Oh, you know, you will maybe experience
New in trading? Expect to lose Celý text »
Here goes my own guideline for account management (not just margin management). It has been long-term working for me but may not be suitable for yourself. I try to not
Trading account management Celý text »
Before you ever consider stepping into real markets with your real jingle, youd better know exactly what you want to do in there. I am talking about having a solid
Have Your Own Strategy? Do You? Truly? Celý text »
Those who dont master the art of successful timing or the equally essential art of money management, generally lose their money trading commodities. Moreover, it should be noted that this includes most speculators. Small speculators, who frequently enter the market with just a few grand in initial trading capital, tend to have the largest attrition rate.
Really mean it: Is this biz for you? Celý text »
Guess what… trading is A BUSINESS, just like anything else. Now I know that you‘ve heard this before, perhaps zillion times over. But I think that most of us take
Trading is a Business! Celý text »
Low risk / high probability trading and diversification – that’s my approach to trading in a nutshell. My losses are small and frequent. But gains are modest, sometimes large… and
Start Looking within Yourself Celý text »
I wish that you print this message out and keep beside you at all trading times. I also wish it could be printed out with 24K gold letters. It‘s that
The Importance of Trading Multiples Celý text »
You know, since I run this website and communicate with lots of my course students as well as other traders on a daily basis, its amazing to me how some
Hi there. I often write about the hazards and difficulties involved with trading futures. It takes a high level of discipline and consistency, mental toughness, the ability to preserve during
An Alternative to Futures Celý text »
Basically there are two schools of price-forecasting methods in the commodity markets: fundamental analysis and technical analysis. Fundamentalists are oriented toward forecasting the market in terms of supply-and-demand factors. Technicians
Be a Technician, Not a Fundamentalist Celý text »
(Q) Even though I am not futures trader myself – I have been trading stocks exclusively – I go here now and then and enjoy reading a lot of posters.
Commodity Trading in General Celý text »
The question we are getting quite often; there seems to be some confusion about daytrading margins; You may have been told that margin requirements are ment to protect the client
Day Trading Margins Celý text »
Having turned my trading screens off… I sat in the near dark, sipping coffee and watching the full moon outside. I thought of the coming next few days. The Christmas
Confession to My Friends & Students Celý text »
Emotions are probably the biggest obstacle any commodity trader has to overcome. Many traders become losers because they are not able to follow a PLAN. They experience a couple of
Discipline in Commodity Trading Celý text »
(Q) Would someone with experience please describe exactly how a trade works with a discount broker, compared to a full service broker? I mean do they call back with fills,
Discount vs Full Service Broker Celý text »
Howdy folks. I have been asked several times if and how diversification can help us trade better; I believe diversification is one of the crucial factors in the success of
Diversification in Futures Markets Celý text »