Feb 28, 2015

Trading Podcast: The Most Important Psychological Trait For Long Term Trading Success



Do you want to receive a trading podcast like this every day before the market opens?

Subscribe to the HMS Trading Newsletter.

Become a Premium Member: If you want to receive a daily dosage of trading wisdom, you can subscribe to my Newsletter. For only 14.99 USD per month you will receive daily in your email: a trading lesson, a trading Podcast, daily tasks and actions to improve your trading, plus relevant trading research (relevant trading statistics for your trading, trading systems backtests)



Feb 26, 2015

Trading Consistency & Forex Moves

Markets are pretty active today, so I don`t really have a lot of time to write today. I just want to share with you a card that may help you focus through out the trading session.


Forex markets are wild today. Major move down in major currencies against the U.S. Dollar. The major part of the move for the day is likely already in. I would not chase here but there were certainly some very good waves to catch earlier in the day.

Learn to trade like the very best, subscribe to the HMS Trading Newsletter.


My Trading Newsletter will help you if you want to shorten your learning curve, or improve some aspects of your overall trading performance. The topics range from:

1) The mental skills that are necessary for sustained trading success
2) The technical side of the markets
3) Tricks of the trade, the little things that traders with many years of experience discover by themselves and that are highly effective in trading

You can subscribe to the Newsletter on the right sidebar of the website. For only 14.99 USD per month, you will get a trading lesson, a trading podcast and useful trading notes every day from Monday to Friday on your email. "Invest in knowledge, it pays the best interest."

Feb 25, 2015

#347: Setting Trading Goals (on sticky notes)

In today`s Newsletter I discussed what are good trades, bad trades and how those relate to winning.

I also shared a funny stock market cartoon. 

Markets seems to be quiet again today, with the S&P Futures down a couple of points. The only significant pre-market mover seems to be gold, up 12 dollars. 

Here`s a small input to improve your trading today:



Learn to trade like the very best, subscribe to the HMS Trading Newsletter.


My Trading Newsletter will help you if you want to shorten your learning curve, or improve some aspects of your overall trading performance. The topics range from:

1) The mental skills that are necessary for sustained trading success
2) The technical side of the markets
3) Tricks of the trade, the little things that traders with many years of experience discover by themselves and that are highly effective in trading

You can subscribe to the Newsletter on the right sidebar of the website. For only 14.99 USD per month, you will get a trading lesson, a trading podcast and useful trading notes every day from Monday to Friday on your email. "Invest in knowledge, it pays the best interest."

Feb 24, 2015

#366: Competitive Advantages


While Jack Welch was not referring to trading, this is obviously true in trading as well. If you do not have a trading edge, you are not ready to compete in the marketplace. Better traders that are playing their tested trading edges will surely take your money.

Learn to trade like the very best, subscribe to the HMS Trading Newsletter.


My Trading Newsletter will help you if you want to shorten your learning curve, or improve some aspects of your overall trading performance. The topics range from:

1) The mental skills that are necessary for sustained trading success
2) The technical side of the markets
3) Tricks of the trade, the little things that traders with many years of experience discover by themselves and that are highly effective in trading

You can subscribe to the Newsletter on the right sidebar of the website. For only 14.99 USD per month, you will get a trading lesson, a trading podcast and useful trading notes every day from Monday to Friday on your email. "Invest in knowledge, it pays the best interest."

Feb 23, 2015

#194: Winning Traders Like To Rest.


Livermore really captured what is every trader`s dream. But what is interesting to note is that many traders get frustrated if they miss an up move or if they sell and the market rallies without them. Many traders think that consistent winning traders really can catch all the fluctuations, or the vast majority of the price swings.

That is far from the truth. Consistent winning traders are only in the market when the odds of winning are far greater than random. The rest of the time, they rest. Where? Sitting on their money.

Learn to trade like the very best, subscribe to the HMS Trading Newsletter.


My Trading Newsletter will help you if you want to shorten your learning curve, or improve some aspects of your overall trading performance. The topics range from:

1) The mental skills that are necessary for sustained trading success
2) The technical side of the markets
3) Tricks of the trade, the little things that traders with many years of experience discover by themselves and that are highly effective in trading

You can subscribe to the Newsletter on the right sidebar of the website. For only 14.99 USD per month, you will get a trading lesson, a trading podcast and useful trading notes every day from Monday to Friday on your email. "Invest in knowledge, it pays the best interest."

Trading Card #438, Fundamental Truths of Trading

Just emailed the Newsletter.

Today`s Newsletter included:

- Trading Card #438
- Podcast: The 4th Fundamental Truth of Trading
- A video on trading psychology, achieving trading consistency



I leave you with today`s best trading thought:

"Losers complain, winners adapt. It's that simple." -Joseph Fahmy 


Learn to trade like the very best, subscribe to the HMS Trading Newsletter.


My Trading Newsletter will help you if you want to shorten your learning curve, or improve some aspects of your overall trading performance. The topics range from:

1) The mental skills that are necessary for sustained trading success
2) The technical side of the markets
3) Tricks of the trade, the little things that traders with many years of experience discover by themselves and that are highly effective in trading

You can subscribe to the Newsletter on the right sidebar of the website. For only 14.99 USD per month, you will get a trading lesson, a trading podcast and useful trading notes every day from Monday to Friday on your email. "Invest in knowledge, it pays the best interest."

Feb 22, 2015

Podcast: Gathering Relevant Trading Information To Keep Improving




"You owe it to yourself to be the best you can possible be." - Pete Rose

This was the last podcast of the year. I sent it to Premium Members when we were preparing 2015. I guess it is still pretty relevant to traders, so I share it here as a sample of the trading material I share daily with the Premium Members.



Learn to trade like the very best, subscribe to the HMS Trading Newsletter.


My Trading Newsletter will help you if you want to shorten your learning curve, or improve some aspects of your overall trading performance. The topics range from:

1) The mental skills that are necessary for sustained trading success
2) The technical side of the markets
3) Tricks of the trade, the little things that traders with many years of experience discover by themselves and that are highly effective in trading

You can subscribe to the Newsletter on the right sidebar of the website. For only 14.99 USD per month, you will get a trading lesson, a trading podcast and useful trading notes every day from Monday to Friday on your email. "Invest in knowledge, it pays the best interest."

Trading: You Must Be Picky

"The less I trade the more money I make." - Steve Burns, swing trader

I want to share this trading thought with you. In trading, being picky is very important. You should stick to your very best setups and not be tempted to be playing all the time. The best traders have the ability to sit patiently, waiting for the right trading opportunity to come along. 

Make that commitment. 

"30 days is just about the right amount of time to add a new habit or subtract a habit from your life." - in Ted Talks

Learn to trade like the very best, subscribe to the HMS Trading Newsletter.


My Trading Newsletter will help you if you want to shorten your learning curve, or improve some aspects of your overall trading performance. The topics range from:

1) The mental skills that are necessary for sustained trading success
2) The technical side of the markets
3) Tricks of the trade, the little things that traders with many years of experience discover by themselves and that are highly effective in trading

You can subscribe to the Newsletter on the right sidebar of the website. For only 14.99 USD per month, you will get a trading lesson, a trading podcast and useful trading notes every day from Monday to Friday on your email. "Invest in knowledge, it pays the best interest."

Feb 21, 2015

Podcast: Day Trading, Finding Your Niche



In my Newsletter I share a daily trading podcast with my followers.

Here is a sample. The topics are: day trading and finding a trading style that fits you.

Learn to trade like the very best, subscribe to the HMS Trading Newsletter.


My Trading Newsletter will help you if you want to shorten your learning curve, or improve some aspects of your overall trading performance. The topics range from:

1) The mental skills that are necessary for sustained trading success
2) The technical side of the markets
3) Tricks of the trade, the little things that traders with many years of experience discover by themselves and that are highly effective in trading

You can subscribe to the Newsletter on the right sidebar of the website. For only 14.99 USD per month, you will get a trading lesson, a trading podcast and useful trading notes every day from Monday to Friday on your email. "Invest in knowledge, it pays the best interest."

Feb 20, 2015

#436: Fundamental Trading Beliefs


This is card #436. I explored this subject on yesterday`s Newsletter.

This is a very important trading concept when it is properly understood and assimilated into your core trading beliefs. It`s one of the Fundamental Truths of Trading, a set of trading beliefs that many of the most successful traders in the world share.

I exploited this topic and sent a Podcast on this subject to Premium Members.

Have a nice trading day!

Learn to trade like the very best, subscribe to the HMS Trading Newsletter.


My Trading Newsletter will help you if you want to shorten your learning curve, or improve some aspects of your overall trading performance. The topics range from:

1) The mental skills that are necessary for sustained trading success
2) The technical side of the markets
3) Tricks of the trade, the little things that traders with many years of experience discover by themselves and that are highly effective in trading

You can subscribe to the Newsletter on the right sidebar of the website. For only 14.99 USD per month, you will get a trading lesson, a trading podcast and useful trading notes every day from Monday to Friday on your email. "Invest in knowledge, it pays the best interest."

Feb 19, 2015

New Website

I will start this new website soon. It will be a continuation from my Twitter account, without the obvious limitations of a 140 characters post.

Feel free to comment or email me.