Free MAP Trading Video & Report
I talk a lot about the proper mental programming needed for someone to truly be successful at trading. One important component of trading psychology is the art of not caring. When I get in a trade I say, "I don't care what the market is going to do. I made my decision based on my [...]
… I'd probably call it "pivot to pivot" trading. Not scalping, day-trading, and certainly not swing trading. While there are many styles of trading and hundreds of methodologies, the DTP (Daily Trading Profits) methodology is based on solid technical analysis and risk management techniques. Back in the 80's and 90's scalpers typically made hundreds [...]
Jim Cramer's over the top antics have won him great fame on CNBC's "Mad Money." He has made horrible call after horrible call, leading many ignorant investors to financial peril. He told people to buy at 14,000, proclaimed the sub-prime crisis would have no effect on our economy, and flip-flopped on many opinions (even some on the [...]
This has truly been an exciting year, and I wanted to take a minute to thank everybody for your support and make a couple announcements for 2009. First, let's take a look at the year in review. As the market comes to a close on the last trading day of 2008, the markets will end the year down [...]
You done everything to master the technical side of trading. Many hours of studying Fibonacci, MACD, and price action. You've been correlating multiple time frames and are only taking A+ trades. After a few weeks of consistent profitability on the sim account, you're ready to start trading live. You've done your pre-trading preparation, and [...]
There's this common, well-known truth that "what you focus on expands." It's simple math. The more you focus on the things you want, the more of those things you manifest in your life. The reverse is also true. The more you focus on the things you don’t want, the more of those things you manifest [...]
In trading, as in life, perseverance plays a key role in your success. Someone once said, "Trading is a lot like taking a hike up a mountain. At first, you have a clear view of the peak. But as you move up the mountain, the peak (goal) moves in and out of view. Sometimes you [...]
Mike wants to become a profitable trader. After investing several thousands of dollars in his education, he wasn’t sure if it’s possible for him to be successful. He is continuing to focus on his mastery. Travis wants a long-term relationship. Content for years to be a “lady’s man,” he recently recovered from a life-threatening illness [...]
Imagine there is a bank account that credits your account each morning with $86,400. It carries over no balance from day to day. Every evening the bank deletes whatever part of the balance you failed to use during the day. What would you do? Draw out every cent, of course. Each of us has such [...]
