Have you ever tried to pull a nail out of a board without a hammer? It's really hard, right? It can be done, but it'll take you forever to do it. The reason it's so much easier with a hammer is because of something called leverage. And, believe it or not, you use leverage all the time. The very first thing you do any time you are confronted with a hard task is look for a way to leverage. If you need to carry a lot of groceries, what do you do? You grab a basket. If you need to pull a nail out of a board, you grab your hammer. I need to do math, where's my calculator? Right?Read More
The most important decision a trader will make is when to buy a stock and when to sell the stock. This is why the TRADEway team focuses on the topic of ‘trend lines’.
WHAT ARE TREND LINES?
Trend lines are lines that are drawn on a stock chart that help us identify where the stock tends to turn upwards, and after moving upwards, where it tends to stop and move downwards.Read More
Many people believe that debt, in every form, is bad. The Bible actually talks about debt, and it sometimes talks about debt in a positive way. When you take on debt as a way to eventually make money, in other words start a business, you can actually be creating “smart debt”.Read More
Jesus said you cannot serve both God and money. If you are not living by God’s Word, it is easy to allow money to become an idol in your heart. As a Christian, you must first learn to trust Him regarding your finances, then you can learn to serve Him with your finances.Read More
You’ve probably heard the saying “practice makes perfect”. A more realistic statement would be, “Perfect practice makes perfect”. If you practice something wrong, then you are probably going to do it wrong.
When it comes to trading, what does it mean to practice perfection? It means you do things the right way. Follow the program, think through the trade, and make sure you are executing the trade correctly. This may not even mean you make money. A perfect trade could mean that you stop out to minimize your expenses. Every business has expense. No business makes every perfect business decision. It is important to learn from each decision.Read More