No images? Click here Hello Fellow ChartWatchers!Sorry for the interruption, but I wanted to let you know about a special offer from one of my favorite partner websites. As you might know, Dr. Alexander Elder is a legend in the world of trading having written two classic books, Come into My Trading Room and The New Trading for a Living. Dr. Elder’s insights into the psychological aspects of trading are unmatched and his advice to traders – both experienced and new – can be invaluable, literally! What you might not know is that Dr. Elder – along with his trading partner Kerry Lovvorn – run a website called SpikeTrade.com where they foster and mentor an on-line community of people just like you and me – people trying to improve their trading results by conquering both the psychology and the mechanics of trading stocks. As a member of the SpikeTrade community you can interact directly with Alex and Kerry and gain insights into how dedicated, disciplined traders make money in the stock market. SpikeTrade’s weekly stock trading contest lets you improve your skills AND gives you a never-ending stream of ideas and valuable lessons from each week’s winners. You see, if a member wins one of the weekly contests, they are required to write an article about their trade and share it with the rest of the community! For me, the thing that is totally unique about SpikeTrade is the community’s willingness to share those hard-learned lessons. At first it may be embarrassing to learn that you are making the same mistakes as many other traders – but later, it becomes super-rewarding to see that you have stopped making those mistakes and profited as a result. In addition to the Trading Community, weekly contests and message boards, SpikeTrade.com also provides its members with an online Trade Journal that can help you plan and track all of your trades and gain valuable insights into what works and what doesn’t work for you. Are you taking too much risk when placing trades? The SpikeTrade Trade Journal was designed specifically by Dr. Elder to help you find out. Alright, I’m gushing. Sorry. But I do feel strongly that technical traders need to conquer the psychological aspects of trading before they can fully succeed and Dr. Elder’s approach is one of the best ways for doing that. Please check out SpikeTrade.com and, if you like what you see, please sign up for a Trial membership there. I’m pretty confident that your trading will improve as a result. Here’s the link: If you sign up, be sure to tell Alex and Kerry I said “Hi!” Stay safe! - Chip |
Friday, July 31, 2020
A Quick Note About Improving Your Investing Results
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