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In the world of new traders, identifying strengths, weakness’s, likes and dislikes is an important step toward defining the type of trader you will become. There are so many choices and so much information available, getting bogged down and overwhelmed is a very real possibility.
To avoid, or at least control some of the [...]
written by Barry Desautels
One of the great things about keeping a trading journal is the history it creates. Trading is not something everybody does, so the uniqueness itself is valuable.
Each of us comes to the market with baggage, some good, some bad. It doesn’t matter what you trade, stocks, forex, eminis’, options, [...]
Written by Barry Desautels
As our world continues to fill with new and improved technology, change and opportunity remain common place. For anyone looking for something with a long and exciting learning curve, home trading offers a wide variety of challenges.
First of all, it’s at home. When properly developed, the commute is [...]
Written by Barry Desautels
As the new decade begins, many people will continue to struggle with employment issues. The economy is showing some signs of recovery, but there are still major underlying problems that have not been dealt with. U.S. debt is one of the big ones, and the country’s effort to move from [...]
Written by Barry Desautels
The Existing Home Sales report is issued by the National Association of Realtors around the 25th of each month, and is based on transaction closings in the United States. Home sales are defined as single family homes, townhomes, condominiums and co-ops from each of four regions, the Northeast, Midwest, South, and West. [...]
Written by Barry Desautels
Everyone has stood in a mall at one time or another, watching the crowds of people, or sat in front of their TV looking at long lines of traffic, enduring the daily commute. Crowds of people are crowds of consumers. They are the anonymous masses who make the world go [...]
Written by Barry Desautels
Everybody knows the old cliche about patience and all its virtues. In trading patience takes on a whole new meaning. When you combine it with greed, fear, and a fast paced market, you really begin to understand how important it is. For new traders this can be a very [...]
Written by Barry Desautels
Many people think trading is a highly complicated, technical business, and it is, but believe it or not the tech. side is only about a quarter of what goes on. By far the hardest part of becoming a good trader is mastering the discipline, which is control of feelings in the [...]
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