April 28, 2010
What is the difference between an investor and a trader? The distinction is often quite unclear, mainly due to the fact that the actions of many people who regard themselves as investors are the same as traders. Investors are people who buy items with the intention to hold on to them for a long period [...]
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April 21, 2010
Money management is an essential skill that in many cases separates the profitable trader from the un-profitable masses. The majority of traders, especially novice traders, often underestimate the importance of this skill. Effective money management requires calculating how much money to assign each trade based on your risk assessment. Position size also needs to be [...]
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