The Street Trading
Bio
We provide a straight-forward, no-nonsense results-driven trading education, that cuts through the noise to teach new and existing traders on how the stock market truly operates.
Come check us out at www.thestreettrading.com/
Stories (35)
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Whose Game Are You Playing?
Make no mistake about it, the market is a giant game being played 24/7/365; whether the market is open for business or not, the game is being played. It is a constant game of chess, not checkers. The ones who can out-smart their opponent, ultimately wins (the trade).
By The Street Trading3 years ago in Trader
Could Technology Get in Your Way?
An astounding yes, would answer this question. Technology most certainly can/is a major distraction in all aspects of our life. Of course, when used properly, it can enrich our lives. However, many have completely lost themselves in the new technologically advanced world we all live in.
By The Street Trading3 years ago in Trader
Averaging Down – The Quickest Way to Zero
Averaging down, is basically throwing good money after bad. Show us someone that likes to be wrong and we will show you someone that is creating a false sense of reality. The fact of the matter is, being wrong sucks; but admitting that you are wrong is how we eventually grow in life.
By The Street Trading3 years ago in Trader
No Barrier to Entry
No barrier to entry is the reason why so many retail traders fail. Apps like Robinhood entice the uneducated to ‘take a shot’ at Wall Street without the slightest bit of education. Even a broken watch is right twice a day, but that type of philosophy will most likely end badly.
By The Street Trading3 years ago in Trader
Trading Is Not Investing
There’s a big misconception when it comes to trading. We get this question all the time, “what do you think of company XYZ, should I buy shares in the company?” The short answer to that question is, we don’t know. The reactions we get back from this answer is quite comical. Those that are not involved in our business, do not understand the concept of trading.
By The Street Trading3 years ago in Trader
The Paper Trading Trap
Paper trading is a solid tool, but it must be used properly. Yes, it is highly suggested that you hone your skills on paper before putting actual capital at risk. That being said, paper trading can also be a negative to a beginning trader.
By The Street Trading3 years ago in Trader
The Ability to Wait – Is Where the Money Is Made
We talk time and time again about following a strict set of trading rules which requires having the ability to wait for price to come to you. We venture to say, there isn’t a consistently profitable trader out that there, that doesn’t have a strict set of trading rules.
By The Street Trading3 years ago in Trader
Set Risk – Focus on Possibilities
Where is your head at when you put on a position? Where are you focusing your attention? As traders, when we focus on possibilities, our trading performance improves. We know wherever our mind goes, our reality will eventually follow.
By The Street Trading3 years ago in Trader
Let the Dust Settle
Like the Sun Tzu quote, “In the midst of chaos, there is also opportunity.” We are smack in the middle of the chaos and opportunity is all around us. There was a point, not too far ago, the coronavirus (as it was once referred to) was spreading outside China, the market had been reacting extremely negative to the news; and rightfully so. However, when it came to emotions, mental stability was/is usually not at the forefront.
By The Street Trading3 years ago in Trader
