Do Women Make Better Traders?

Historically, the world of trading (all markets) have been dominated by men and only recently, have women entered the arena.  This bears investigating.  Let’s dive into this a bit. Testosterone Women are not as susceptible to overconfidence.  Additionally, women don’t generally have an over inflated ego, like men usually do.  This means they more risk-averse … Read more

Is Forex Trading Gambling?

Say it Ain’t so The statement, “Isn’t Forex trading like gambling” has been uttered by many uninformed individuals, for a long time.  We’ve all heard those words at one time or another, “FOREX?  Isn’t that some kind of crazy gambling scam?”  You then hear that same phrase, “I heard a story of a guy who lost ... Read more

Trading as a Profession

Let Me Off Trading as a profession…the ultimate dream.  Jumping off the 9-5 merry-go-round grind, telling your ungrateful boss to take a long walk off a short pier, ditching the commute, kissing your annoying coworkers and ungrateful customers goodbye.  It sounds heavenly, doesn’t it?  The trick is getting from “here” to “there”. Three Ways From ... Read more

Trading Losses – How much is too much?

Losses are a part of trading.  Even the best trades who are considered “elite” level will experience losses at some point.  By the way, an elite level trader generally realizes a consistent 25% annual ROI. Two Main Pillars There are many factors to why traders lose money.  Most of them can be summed up in ... Read more