The Significant Importance of Setting Goals for Your Trading by Sam Eder

“Define a target, a strategy consistent with the target, a set of disciplines to follow, and risk management guidelines. Then trade, track and evaluate your performance.” – A …
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The Significant Importance of Having a Trading Manifesto by Sam Eder

There is some “common” wisdom that a trading plan should be simple. This could not be further from the truth. A trading master plan is the accumulation of years of work trading …
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Good Trading Requires “Away From” and “Towards” Motivation by Sam Eder

Are you one of those people that just can’t get up in the morning? You’re constantly slapping that damn alarm clock, and it’s only when you know that if you don’t get up RI …
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Mastering Forex Market Types with Van Tharp

According to Van Tharp, expecting the same trading system to work in all market types is one of the main problems traders have in getting their system to work. He calls trying to …
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Implementation is More Important than the Trade Idea Itself by Sam Eder

 “Having a beautiful idea does not get you very far if you don’t do it the right way” – Colm O’Shea It’s not about being right, it’s about how much you make when you …
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What is the Optimal “Mental State” for Trading? by Sam Eder

“Large profits are even more insidious than large losses in terms of emotional destabilization” – William Eckhart Many traders spend a substantial amount of time building up …
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A Practical 5 Step Pre-trade Checklist by Sam Eder

Damn, I hate making trading mistakes. As I have mentioned in the past, mistakes kill trading systems. So, here is a practical pre-trade checklist to help you knock mistakes on the …
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The Master Trader Mindset: Trading is a Game by Sam Eder

“I can’t believe I am making all this money to play an elaborate game” – Bill Lipschutz Top traders think differently from the rest and one of the things I have consistentl …
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How Mistakes Destroy Trading Systems by Sam Eder

Over the long-term, there are two ways that traders lose: They have a Forex trading system without an edge; or They make mistakes trading their system The latter is by far the more …
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Is Being a Perfectionist Hampering Your Trading? by Sam Eder

One of the problems I have with my trading (and with starting an online business) is that I have a tendency towards wanting everything to be perfect. For my first online business t …
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