There are three possible ways that your invested stock could go, a) going straight up your way; b) going sideways with pull backs; c) going against you with pull backs. Many times, the pull backs are a normal retracement that you should not be concerned about, but other times, the invested stock has changed its […]
Research reveals that small wins have enormous power and as Charles Duhigg, the author of “The Power of Habit” describes it as “an influence disproportionate to the accomplishments of the victories themselves.” According to Olivia Fox Cabane, a keynote speaker and executive coach to the leadership of Fortune 500 companies such as Google, MGM and […]
Elon Musk is probably the boldest entrepreneur in the modern world. He was the founder of PayPal and now runs three companies: Tesla Motors (electric cars), SpaceX (space exploration and tourism), and Solar City (solar energy). “First principles is kind of a physics way of looking at the world. You boil things down to the […]
If you can view the invisible roadblock in the market you are trading which is the hidden support and hidden resistance in the market, you gain the edge of doing the following things: A) you can enter the market right after the market tests the visual roadblock and resume the trend with minimal risk; B) […]
On the road to personal financial freedom, we find two types of people: Type A) Wishing, waiting, and doubting Type B) Observing, verifying, and executing The journey to financial freedom is a journey of transmutation from Type A to Type B. This transmutation is not easily achieved without special techniques. AbleTrend trading software is a […]
Free 4-Day Mini-Course ($500 value) The Blueprint for Day-Trading Success In celebration of AbleSys’ 21 years of excellence in the trading software industry, we have just released a Free 4-day mini-course for serious day traders, The Blueprint for Day-Trading Success. And celebration is in order! Only AbleTrend has won Stocks & Commodities magazine Readers’ Choice […]
To become financially independent through trading or investing is the dream to many traders and investors but it’s not an easy task. It requires time and money to acquire the skill as there is too much information out there, most of which just teaches you about trading, and not how to gain a competitive edge. […]
There are four levels of cognition: One does not know what he does not know At this level people are normally opinionated, assuming they know everything. One knows what he does not know At this level people have a high degree of self-awareness; they are eager to learn and have an “empty cup” mentality. One […]
A trader sent me feedback in responding to yesterday’s topic. In his email he shared his experience of the difficulty following the signals although rationally he saw the signals working time and time again. It is his subconscious mind having the problem to stick tight with the winners. Fear of losing is human nature and […]
We each tend to think that we see things as they are and that we are objective but this is not true. We see the world not as it is, but as we are or as we are conditioned to see it. When we make our trading decisions we are acting on our perceptions. Seeing […]
