For Your Financial Freedom
Live trade examples are one of the best ways to learn how to trade. They really allow you to see the trading process of someone else. In this article, I will walk you through a short iron condor trade that I did recently. I hope this will give you some insight into what a good iron condor trade setup might look like. Before I start, I just want to give you a short disclaimer though. First Read more
If you want to become a successful trader, you need a trading strategy, period! There is no way around it. Without a trading strategy, you will just be buying and selling random assets due to random reasons and that won’t work in the long run. You might make a few profitable trades here and there, but you will never become a consistently profitable trader without a trading strategy. Instead of trying to develop a trading Read more
I recently released a downloadable Excel trading journal template. I highly recommend using my or your own Excel spreadsheet to track your trades as tracking trades is essential to your success as a trader. This article will explain you all the intricacies of my Excel trading journal template. In this guide you will learn: Entering trades Using the trading journal for options trading The setup of the template General Tips Customizing your trading journal FAQs Read more
If you want to improve your trading in an easy, fast and most importantly, in a proven way, you have come to the right place! If you are willing to put in a few minutes per trade, I will present you a way to take your trading to the next level. The simple solution to improving your trading profitability is tracking your performance! Tracking trades is an essential part of becoming a successful trader. No Read more
There are countless things that an option trade should pay attention to. It can be very overwhelming to keep all the important things in mind when trading. In this article, I will give you 11 free option trading tips. Make sure to always pay attention to these aspects when you are trading options! 1. Pay attention to Implied Volatility! Implied volatility is paramount to the success of an options trader. Therefore, my first options Read more
Trading is a very unique activity, especially in regards to psychology. Having the wrong mindset when trading can be detrimental to success in trading. That’s why I recently read a book that is all about the psychology and trading and the importance of developing a right mindset. The book is called ‘Trading In The Zone’ and is written by Mark Douglas, the author of ‘The Disciplined Trader: Developing Winning Attitudes’. Mark Douglas is of the opinion Read more
There are literally endless different stock trading mistakes. But those discussed in this article are some of the most common stock trading mistakes I know of. Many, especially new traders sadly make these mistakes. If you are able to avoid most of these, you will definitely be on a better track than 80% of all traders. Even though this article is named ‘common stock trading mistakes’, it isn’t only applicable to stock trading but to other kinds of trading as well. These mistakes can also Read more
No matter how good of a trader you are and how good your trading strategy seems, you can always try to improve yourself. There are always ways to improve your strategy and in my opinion, it is very important to do so. It doesn’t matter if you are trying to become profitable or already are. Traders or people, in general, should never stop trying to improve. In this article, I will present a few different Read more
In this article, I will share the number one most important trading lesson anyone ever gave. What I will share is what distinguishes the 90% losing traders from the few winning ones. If you fully understand this lesson, you already know more than most other traders. So really take your time and read carefully. Don’t feel the need to skip ahead because you know better because frankly, you don’t! Video Lesson The following video lesson covers Read more