The Trading Plan – 3. The Trading System or Strategy
Don’t forget to ‘Like’ us on Facebook – Click the ‘Like’ button on the right This section of the Trading Plan is the “how” section. It must be aligned with your mission and goals and objective statements and states how you will go about achieving your purpose and objectives, that is, what action you will […]
The Trading Plan – 2. Goals and Objectives
Don’t forget to ‘Like’ us on Facebook – Click the ‘Like’ button on the right The next section of the Trading Plan states your goals and objectives. As Stephen Covey said: “Begin with the end in mind.” The Mission Statement is the “why” section; the Goals & Objectives section is the “what” section, what you would like to achieve […]
Gary on SKY News YMYC – 24th November 2011
Don’t forget to ‘Like’ us on Facebook – Click the ‘Like’ button on the right As Europe’s sovereign debt crisis continues to grow so does Gary Stone’s ‘Mo’. Last night Gary and his ‘Mo’ joined co-guest Elio D’Amato from ‘Lincoln Indicators’ alongside host Mark McCarthy from ‘Intuition’ on Sky’s ‘Your Money Your Call’. The trio discussed the […]
The Trading Plan – 1. Mission statement
Don’t forget to ‘Like’ us on Facebook – Click the ‘Like’ button on the right The formation of our trading plan begins with our mission statement. It details WHY we are trading and investing in the market or markets we have chosen. It is, in essence, our purpose. By clearly defining this purpose or mission, […]
The heartbeat of any successful investor – The Trading Plan
Don’t forget to ‘Like’ us on Facebook – Click the ‘Like’ button on the right Active Investment in the stock market is a serious activity. It should be treated as a business with the objective of increasing the wealth of its shareholders. This starts with the Trading Plan. Your trading plan is your guide; it […]
Terminology that surrounds the market
Don’t forget to ‘Like’ us on Facebook – Click the ‘Like’ button on the right Events surrounding the GFC (Global Financial Crisis) and the actions of market participants and government officials in attempting to deal with the fallout have lead to some creative use of terms we once took for granted and even to some […]
How to avoid a broken heart
Unfortunately, at some stage or another, nearly every honest investor has had to live through the pain of not exiting a position when they should have. Instead they’ve found themselves justifying that things will improve and turn around. There is one common thread among great traders and investors; their management of risk and their ability […]
Zero risk – Zero reward
The Share Wealth Systems Facebook page has just been launched, be sure to like our page to receive notification of new posts on your Facebook wall. Simply click the Facebook icon or Like button in the top right menu. When trading and investing, one can not know in advance which trades will be successful. We […]
7 minutes of Ed’s investment education
Most of us like to have a laugh at some of the more clever things floating around the internet, so this week we’ve dug out a Trading song that’s been recently doing the rounds. Respected author and fellow trend follower, Ed Seykota has produced a song with his band called “The Whipsaw Song”. Ed’s and […]
Preparing for an Avalanche
Nature has many cycles that are not controlled by mankind. But man’s response to these events can differ greatly in degree and that intensity of degree is determined by how it may or does affect us as individuals. People have difficulty keeping a neutral perspective on an event, regardless of what it is, and hence […]