risk management in futures and options markets
My name is Bond, Jeff Bond
Can you picture yourself as James Bond in a tuxedo sitting at the Baccarat table at the casino in Monte Carlo with a beautiful girl by your side?
I can. The first time I was ever in a casino, I wanted to be just like James Bond. Read the rest of this entry »
Over-reliance on accuracy in trading can be dangerous!
In many professions, it is the most important thing.
(see picture at left)
However, in trading, over-reliance on accuracy can actually be destructive.
A new mentoring trader started with me last week and he showed me a strategy he had learned that generated 80% winning trades.
80% winning trades – that seems too good to be true.
Could there be a catch?
As we discussed the strategy in greater detail, he showed me the setups which seemed very reasonable – in fact the setups were quite clever.
But, then, he told me about the Read the rest of this entry »
Supercharge your trading using my “V”
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Your most powerful advantage
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Adding to a loser
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My case for using stops
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Skidding
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Limits – do they protect only your broker or do they protect you?
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Learn to love to take losses
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The tipping point
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