When Long-Term Wealth Building Matters – Portfolio management refers, in the generic sense, to managing whatever money you have available for that purpose; so, any assets or trading vehicles you have in your account would qualify to be included in the definition. However, that’s too general a concept for what I want to do in […]
THE STYLE –
From Education to Experimental trading and everything in between.
The Center of Your Wealth Building Universe – The Basis for Your Success – With all the different ways people use to make money in the various markets, Swing Trading, in all its configurations, is the single best Style of trading, with the highest probability of success, for the individual wealth builder. Based on using […]
Day Trading with Character – To Clear the Air – What’s the Difference? The original definition and practice of Day Trading was specific to the very active trading of Stocks for minuscule gains on multiple trades throughout the day. With the intensity involved and the unfortunate experiences of the retail trader in the early days […]
A Horse of a Different Color – In the late 1990s the retail trader came into being with the advent of online trading and discount brokers. It wasn’t long before the lure of the new-found freedom and exaggerated claims pulled many would-be traders into the market to make their fortune with the magic of Day […]
Why Different Trading Systems Matter – As an introduction to the subject, I want to point out that there are different approaches to Systems development that range from super-computerized to having subjective trading rules that the trader applies in the decision-making process. The challenge is to apply the right system within the framework of a […]