By Paul Koger - September 14, 2017 The average trader that is just starting out thinks that the way towards success in day trading is by finding the right strategy. If only you would find a strategy that works, you’ll be out of the water, drinking the cool-aid in no time..Sound familiar? I’m sorry, but that just isn’t the case. Yes, a good trading strategy and a proper broker are vital components, but the biggest attribute determining your success as a trader is your...

The Unforgivable Deadly Day Trading Sin I hope that title caught your attention. There is so much you can do to prepare for success in day trading. No matter how much you prepare and practice though, many things can still go wrong during a trade. You expose your money to risk with every single trade. But, there is one unforgivable deadly day trading sin you must never commit. Never. Ever. It’s called chasing the stock. Wise day...

Mom, I’m bored. How many moms - and dads – reading this post cringe when they hear their little ones utter those infamous words? I’m bored. Bo. Ring. Children may pause so long between the syllables that it will sound like two words. How can you be bored? There’s a whole world out there to explore. To learn about. To enjoy. I love the outdoors. I love being out in nature. Climbing. Hiking. I love life. But...

Hitler, Vietnam, Day Trading That’s quite the combination, isn’t it? Hitler, Vietnam, and day trading. What in the world do they have in common? Lots. Much more than you may initially think. And it all revolves around guerrilla warfare. Guerrilla warfare is an irregular approach to warfare in which a small group of combatants, such as paramilitary personnel or armed civilians, use hit-and-run tactics, such as ambushes, sabotage, raids and petty warfare, to maneuver around a larger...

Success in Day Trading or How to Be a Cool Cat in the Playground Growing up, I didn’t want to go to school. Every morning. Five days a week. Same routine. I’d much rather have watched cartoons and eaten an extra bowl of the most sugary cereal imaginable. But I had no choice. Every morning. Five days a week. Out the door I went. My protestations notwithstanding. Once I actually got to school, everything changed. There were...

Lose weight fast; get rich quick I always chuckle when I see ads which promise quick results with one simple purchase. Who actually loses 30 pounds in one month? And if by chance they do, those 30 pounds might very well be back on their waist a short time later. So many promises are too good to be true. And so it is with the stock market and day trading. There are many books and online courses...

Today, one of our new traders, Daniel, emailed me and shared his Profit and Loss with me. It was over $8,500 for the day! It is very impressive! I was curios to know how long he has been trading with me. It is only less than a year! Of course $8,500 a day is not happening all the time, but he is consistent between $500 to $1000 a day! See his message below: I am very happy for...