There has been a practice among less experienced traders to hold a long and short position without closing the position out. The idea is that the positions are hedged and the trader will lift one leg (usually the profitable one) and then seek to at least breakeven on the remaining open leg.
As far as I […]

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The quality of our lives is determined by the actions we take. Our knowledge, experience, decisions, questions we ask, matter not a wit unless action follows. That’s why I call my seminar that lays the foundation for trading success, Habits of Success.
In his book, The Action Phenomenon, Robert Ringer suggests that four insights working […]

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