Tag Archives: discipline

Email: How much money do I need to start trading?

Letter from a reader. Hi Eli, I just read a few of your articles and thought I would drop you a quick email. I liked the analogy about getting through the forest as I think that is where I find myself now. I have been trading the S&P futures for about a year now onContinue Reading

Giving yourself a chance to become a successful trader.

I was just talking to another trader who was having trouble pulling the trigger.  Assuming you have taken the necessary steps; having the money to lose, having a plan, can maintain discipline, and willingness to continue education in yourself, the market, and the relationship between the two.  The next step is to do it, thoseContinue Reading

The only time to break a rule is never.

This originally appeared on July 2010 It seems like there has been a steady stream of information and opinion flowing on breaking rules. Originally I had planned to talk about the pros and cons of breaking rules. I realized that would be a disservice.  The following is not negotiable. Day trader vs professional trader. RulesContinue Reading

Break your rules, find a new profession.

It seems like there has been a steady stream of information and opinion flowing on breaking rules. Originally I had planned to talk about the pros and cons of breaking rules. I realized that would be a disservice. There are many views that I hold that are based on my experience. I think of myselfContinue Reading

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