Successful traders have some unusual quirks in how they think. For my entire career, I've felt these "quirks" are valuable, and the world would probably be a better place if more people adopted them. However, I've always struggled to answer the enthusiasm of a
There are many ways to trade financial markets. Much of the struggle and confusion that traders face comes from not understanding their goals--not knowing how they want to trade. In some very real sense, from not knowing themselves. Gold (and precious metals in general) provides some good examples for
The truth will set you free—that’s the saying that has passed into everyday use from very old scripture. Sometimes, that’s true. But sometimes the truth can destroy us, especially if we try to deny it. This is a good place to begin a series of posts, with
When the trading gets tough, the smart trader… usually trades less. Consider one of the most common mistakes of developing traders. (I feel completely qualified to write on any developing trading mistakes, and to call out how blisteringly stupid and destructive they are. Why? Because I made all these mistakes