One of the most common mistakes traders make is trading too many stocks.Jumping from one hot stock to the next makes it very difficult to have conviction. A core belief needed so that you never hesitate.Would it surprise you that most million dollar traders trade the same stocks over and over again?Stocks don’t wear out, as […]
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Risk-reward ratio. It’s the magic variable for many stock traders.Winning percentage is a close second. (Very misleading statistic)It’s nice when traders decide to only take trades with a risk-reward of 3-1 or better. It makes sense. Take 1-1 trades and you become a break-even trader.But here’s the problem for many smart, hard working traders. They […]
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Today’s order flow coaching call focuses on sector rotation, but the bulk of the call discusses the difference between active and passive trading.The missing link between amateur and pro.
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