Category Archives: Education

How Professional Traders Use Leverage

We get a lot of emails every week on the topic of “ leverage “ with that being said we decided we would go into a little bit of detail on how you can use leverage and how professional traders do. Retail traders starting off should learn more about leverage before they start using it. […]

Four Important Lessons to Learn as a Newbie Day Trader

Many fledgling day traders come to me and they’re shaking in their boots. They hear horror stories about traders that fail — these traders had totally crashed and burned, losing all of their money and ended up completely broke. I tell them two things: One: Some traders do fail and that’s simply a fact of […]

Trader Mistakes: Feeing Yourself to Failure

As is the case in any business, there are many things to consider and oversee so that your business will flourish. It’s the goal of all businesses to be efficient and ultimately make as much money as possible. Nowhere is this truer than in the trading industry. Even though the cost of entry into the […]

Trading: The Great Meritocracy

There are various opinions about the trading business. Many of which are not exactly positive. So, what’s the real deal…Why are people so negative towards it and why is it that so many traders don’t make it? Is the business really impossibly rigged against us? The simple answer is NO. In fact, trading is the […]

Understanding the Difference Between Fundamental and Technical Analysis

You can ask any stock trader and they’ll tell you that sometimes they wish they could see the future. Not just a prediction of the future — no, they want the true power of future sight, whether through a crystal ball or mental visions of what the future holds.Unfortunately, such things are impossible. Stock traders […]

Overcoming a Bad Trading Day

We’ve all been there. Trade 1 stops out, trade 2 stops out and maybe even trade 3 stops out. Not exactly the way you had envisioned the day going before the market opened. But the truth is, down days are part of the business. Don’t ever let someone tell you they ‘never’ lose or ‘never’ […]

Forget the Market! The Benefits of Anytime Trades

There are many things to consider before taking a trade, which, especially for newer traders can become quite overwhelming. Having successfully traded the markets for over 12 years, and having taught thousands of traders, on too many occasions I have watched traders make poor decisions usually because they missed or ignored an important step in […]

5 Key Factors to Building a Strong Mindset for Trading (and Overall) Success

In the world of trading, you have to have strong mental acuity to succeed. Many new traders don’t realize that stock trading is a very mentally challenging task. Aspects like trading psychology require an understanding of your own mind and the minds of others. It’s not all facts, figures and a pinch of luck — […]

The 4 Biggest Benefits of Forex Trading

Stock trading is only one type of trading Live Traders focuses on. Forex trading, or the exchange of foreign currencies, it another lucrative way for novice traders to learn how to make money using trading knowledge and psychology. Many traders actually recommend the forex market to newbie trainers as a sort of trading training wheels. […]