One of the most important things we can have when we are trading is that of well-defined trading plan. A well-defined set of rules needs to be used in order to know how to trade. This trading plan needs should have two basic component – simplicity and specificity. Keeping thing simple and specific makes our
About Dr. David Wilson
David is our resident precious metals expert and has worked for several years on the London Bullion Market as well as several large banks as a consultant.
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Entries by Dr. David Wilson
This week with gold and silver we saw some of the biggest down moves we have experience in this market. Anytime the market experiences extremes in moves we need to consider the issues with volatility. This volatility in the metals market this week has also affected the stock, option, currency and futures market. This is
Today we’re going to spend some time talking about deliberate trading markets. Whenever we are trading the ideal situation is to have a market that is deliberate in its movements. A market that is deliberate becomes easier to identify proper entry points while non-deliberate markets become difficult to find proper entry points. Regardless of the
Today I want to discuss a stock trading education concept (aslo works with ETFs, metals, and Forex) that many traders understand from a theoretical standpoint but often times have a hard time applying. It is something that is affected by our trading psychology more than anything else. This concept is – trading what we see.