What Trading Means To Me
I created this WealthCampus website and made my very first blog post here on October 13, 2017. The post talked about the tuition that we all have to pay to gain mastery in the market. It asked the question how high is the cost of trading? Trading means so many things to me that I […]
A Passion For What You Do
Thomas Edison, one of America’s greatest inventors said; “I never did a day of work in my life. It was all fun.” When it comes to trading the markets I feel the same way. I love working with charts and executing trades even though trading delivers both delight and disappointment. Even when the market environment […]
Knowledge First, Profits Second
Success is a very vague term, the true meaning of which must be defined by each individual. Why? Because each of us has his or her own unique definition of what success is and what it means. One of the things I say to aspiring traders all of the time is that if I could […]
Show Me The Money!
Technical analysis, or charting, is nothing more than the art of following the flow of money. And just in case you didn’t know, money doesn’t lie. Investors, analysts, media, and Wall Street firms can and will say what they please. They will broadcast their opinions and advice very freely and generously. But after all is […]
Charts Don’t Lie
There are many market players out there who do not even have a small grasp of what technical analysis is or what the art of chart reading is all about. A price chart is nothing other than a graphical display of what I like to call the “footprints” of money. They show human psychology at […]
Trading With Charts
You can buy the right stock at the wrong time, and the wrong stock at the right time. Fundamentals, while important, don’t necessarily help you with timing entries and exits. Technical analysis allows the trader to make intelligent buy and sell decisions in the here and now. As many traders know through personal experience, even […]
Focus On The Process & Not The PnL
This post by Will Ferrell really made me laugh but I also think that he’s truly hitting the proverbial nail right on the head. We can now tuck 2017 safely in bed and it was a record breaking year that saw the Model Portfolio up 1804% How do you top something like that? Can you […]
How Many Tools Do You Really Need In Your Tool Belt?
I began with simple systems. I got smarter and made complex systems. I got even smarter and now I trade simple systems. – David Stendahl It has always been my belief that you only need mastery of a few trading tools to be very successful in this market. Most would be traders are completely incapacitated by […]
Are You Keeping A Trading Journal?
After all these years, I am still involved in the process of self-discovery. It’s better to explore life and make mistakes than to play it safe. Mistakes are part of the dues one pays for a full life. – Sophia Loren One of the most important things that you need to do is keep […]
Until one is committed, there is hesitancy, the chance to draw back, always ineffectiveness. Concerning all acts of initiative (and creation) there is an elementary truth, the ignorance of which kills countless ideas and splendid plans: that the moment one definitely commits oneself; the Providence moves too. All sorts of things occur to help one […]