The Importance of a Well-Thought-Out Trade Plan

John LockeGuest Blog, Options Education, SMB Options, Trader Development, Trading Lesson, Trading Psychology1 Comment

Have you watched “Star Trek: The Next Generation”? One of my favorite episodes is when the Enterprise gets into a battle with The Borg. The USS Enterprise is getting hammered. Fires are breaking out, sparks are flying everywhere and people are running around screaming. Then there’s the Captain Picard, sitting in the Captains chair, confidently doing the tasks that will … Read More

Aware Of Your Thought Framework?

mprincipatoMarc Principato, SMB ForexLeave a Comment

When first starting out trading any instrument, many beginners already have a thought framework in place whether they are aware or not. Most of the time, this thought frame work is conventional in nature. ┬áThis means that their reasoning process relies on things like conventional market wisdom, other peoples opinions and gut feelings. From the start, new traders are set … Read More