If I gave you the perfect system with the perfect money management in place, the only thing that would stand between you and success in online futures trading are your own thoughts and feelings. (more…)

Surprisingly, many profitable speculators have success rates between 30% and 50%. Commodity traders are not successful because they predict prices well. They`re winning because their profitable trades far exceed their losses. The truth of the matter is all Commodity systems win and lose. (more…)

The 2% rule is a powerful tool in Commodity trading. By adopting this rule you’re using a strategy that decreases the size of your losses during losing streaks, an important consideration. (more…)

One of the most commonly asked questions that I receive is “How much do I need to actually start my online trading & investing business and make a full-time income from it?” (more…)

One of the cardinal rules of Future trading is to keep your losses small. With small Future trading losses, you can outlast those times the market moves against you, and be well positioned for when the trend turns around. (more…)

In this three article series (Part 2), I`m going to guide you through the process I use to design a trading system using MetaStock. I’ll cover the four major components that every successful trading system has in common, and then I’ll show you how to code these components into the MetaStock program. Please note that this is by no means investment advice and any information I cover is purely for illustrative purposes….more.

If you are like many other traders, you have been eagerly waiting for the release of Metastock 8.0 for one reason, and one reason only, the reportedly redeveloped system tester. Metastock`s one major flaw has always been its lack of back testing capabilities, though previous versions of Metastock are head and shoulders above the competition on other fronts…more.

When trading in the forex market, position sizing is where all the tools of money management come together. It`s perhaps the most important part of your forex market money management rules. Position sizing is simply deciding how much you are going to put into any one-forex market trade. You can calculate your position size using the other tools of forex market money management, your maximum loss and your stop loss…more.

Studies have shown that you should never risk more than 2% of your float on any trade. Why 2%? Well, in fact, many penny stock trading professionals will tell you that 2% is too much. They`ll risk 1% or even as little as a quarter of a percent on any trade. Whatever percentage you pick, the idea is to ensure that no one trade is really going to affect your penny stock trading float, positively or negatively…more.