The Business of Trading Financial Markets

Jan 20, 2009 © Harry P. Schlanger.

A stock trader obviously needs basic trading skills, however; most of all, a well documented trading plan listing trading style, strategies, tactics and money management. more...

Choosing Trading Style in Financial Markets

Jan 17, 2010 © Harry P. Schlanger.

Trading timeframe depends on the trader's own psychological profile and involves having an understanding of the speculative, sentiment-driven issues of securities. more...

Preparing for Trading Financial Markets

Jan 17, 2010 © Harry P. Schlanger.

New traders should prepare well before trading. Important tips are offered, including use of a "helper" friend to oversee and safeguard against possible financial ruin. more...

Importance of Discipline in Trading Markets

Jul 25, 2009 © Harry P. Schlanger.

The type of discipline required to trade profitably in stock markets is the same as that required to lose weight, stop smoking, or run a successful business. more...

What Is a Market Trading System?

Jun 27, 2009 © Harry P. Schlanger.

A trading system is a tried and tested method to enter and exit a market for a profit or loss. In the long run the wins should outweigh the losses. more...

Setting Stop-Loss in Trading Financial Markets

Jan 26, 2010 © Harry P. Schlanger.

Setting stop-loss exit points is often overlooked in the art of trading markets. Yet, having an exit is one of the most important considerations in designing a trade. more...

Methods of Setting Trading Stops in Markets

Jan 26, 2010 © Harry P. Schlanger.

When a trade sours at the outset, the time comes to exit the trade. Trading stops automate this task, thereby not allowing decisions clouded by emotional judgement.more...

A Look at Larry R. Williams' Market Trading

Mar 10, 2009 © Harry P. Schlanger.

In 1987, Larry Williams turned $10.000 to $1.1 million in a highly publicized real time trading championship. Many traders are now adopting his trading ideas. more...

Introduction to the Zurich Axioms

Jan 25, 2010 © Harry P. Schlanger.

For people who don't mind taking a reasonable risk, or even enjoy risk, the Zurich axioms are a philosophy for risk-taking and its management. more...

Trading Rules of Jesse Livermore

Feb 1, 2010 © Harry P. Schlanger.

Jesse Livermore won and lost fortunes trading. He died aged 63 as a result of suicide, due to a loss of confidence in trading. At that time he was worth $5 million. more...

More Trading Rules of Jesse Livermore

Feb 1, 2010 © Harry P. Schlanger.

Jesse Livermore was an extraordinary short-term market trader. He is known for having made and lost many fortunes trading. Here are more of his rules... more...