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Articles from Fernando Brinkerhoff | Selfgrowth.com
- Women Are More Successful Than Men When Trading In The Stock Market. Why? - by Submitted on Dec 10, 2010 from Fernando BrinkerhoffThe majority of trading markets are made up of men. This is easily understandable since market most times are thought like an emotion provider for all these men that are not used to live in a regulated society. But, it is the women who have a better chance at the stocks markets and numbers prove ...
Views: 2225(1 vote) - Trader’s Psychology Might The Missing Factor For You To Become A Successful Trader - by Submitted on Dec 10, 2010 from Fernando BrinkerhoffMany traders don’t realize that the trader’s psychology is a key factor in differentiating a successful from an unsuccessful trader. This is most times taken lightly, but you should not. You must learn and understand as soon as possible that, the sooner you are able to control your emotion, the ...
Views: 698(1 vote) - The Trader’s Psychology Is The Key To Win In The Stock Market - by Submitted on Dec 10, 2010 from Fernando BrinkerhoffTo become a successful trader, you must have a good and proper mental and physical state. Only studying entry signals, position sizing, money management is not enough; only by combining all this study and research with a good and decent mental preparation you shall be able to succeed as a ...
Views: 727(1 vote) - Amateurs Traders Ignore The Trader’s Psychology. Winning Professionals Embrace It - by Submitted on Dec 10, 2010 from Fernando BrinkerhoffIt is quite amazing how big is the difference between what professional and winning traders think about the psychology state that they must have before facing the market, and what losing amateurs think. Professional and notable traders know how important the mental awareness is important when ...
Views: 686(1 vote) - Alexander Elder Is A Psychologist And Also A Profitable Trader. Coincidence? - by Submitted on Dec 10, 2010 from Fernando BrinkerhoffAt the beginning of Alexander Elder’s best-selling book “Trading for a living”, he mentions the fact that many people ask him whether being a psychiatrist himself has helped him becoming a successful trader. While at the first moment the two professions look like they are world-apart, he ...
Views: 867(1 vote) - The Trend Is Indeed Your Friend, But When A Trend Is A Trend - by Submitted on Dec 13, 2010 from Fernando Brinkerhoff“The trend is your friend” is a common and known sentence among many traders, speculators and investors. It has indeed some truth in it but there are several other important and often neglected questions, which you need to be asking yourself before investing in something. It is true that trends, ...
Views: 710(1 vote) - Stop Reading And Start Acting - by Submitted on Dec 13, 2010 from Fernando BrinkerhoffMost people have this small issue and I have also fell prey of the old information fallacy. Don’t get me wrong, reading and knowledge is a good thing. The problem is that most people just keep reading and reading without realizing that a proper plan and actions must be taken in order to really ...
Views: 823(1 vote) - Stay With What You Have In Hands Long Enough And You Are Likely To See Results - by Submitted on Dec 13, 2010 from Fernando BrinkerhoffStop searching for the next big thing and realize that what you have at hand, is the best and the right thing to pursuit. Most people believe that there is a hidden and quick get-rich scheme buried somewhere that will make them prosperous in no time! The only thing that is left is to search hard ...
Views: 697(1 vote) - Do You Want To Be A Successful Trader? Then, Go To The Gym And Work Out - by Submitted on Dec 13, 2010 from Fernando BrinkerhoffIf you want to become a professional and prosperous trader, go to the gym. The reason is two-fold: first, you shall increase your health, physical and mental status that is required in order to become a successful investor. Secondly, you will learn about discipline and patience that is also ...
Views: 842(1 vote) - Plan Everything Beforehand To Become A Successful Trader - by Submitted on Dec 06, 2010 from Fernando BrinkerhoffIf you want to be successful as a trader in the stock market, try to write down everything you are planning to do before, during and after the trade. This will help you in having a cool state of mind that is required in order to be a prosperous trader. If you constantly make quick and unplanned ...
Views: 826(2 votes) - Invent A Setup And Teach People How To Profit. Also Teach Them How To Fly While You Are At It - by Submitted on Dec 06, 2010 from Fernando BrinkerhoffI would like to propose a small and quite fun test to you: to invent a setup. But not a real setup with good indicators and a solid foundation; instead try to come up with the worst and craziest setup that you can potentially imagine. Why would you do that you might be wondering and the answer ...
Views: 672(2 votes) - How Can You Know If That Web Guru Is Lying? Unfortunately, There Is No Way - by Submitted on Dec 06, 2010 from Fernando BrinkerhoffIt is not hard to find stocks charts in any scenario or stock market to prove your setup right. If you came up with the most ridiculous and meticulous stock setup, you would probably be able to find one or two charts that would provide “enough” and irrefutable evidence that your setup do work! ...
Views: 762(2 votes) - Anyone Can Easily Create A Blog And Claim That They Indeed Know A Magic Formula To Make You Rich - by Submitted on Dec 06, 2010 from Fernando BrinkerhoffNot only being a successful trader is becoming harder and harder, false web gurus are making it even worse. With high-frequency trading becoming a standard in most markets, you are competing with robots that perform thousand or maybe even millions of calculations per second. So, besides having ...
Views: 674(2 votes) - Metastock’s Expert Advisor: Often Neglected But A Powerful Tool For Your Trade Arsenal - by Submitted on Dec 10, 2010 from Fernando BrinkerhoffOne of the greatest, and often neglected, Metastock capabilities is its expert advisor system. With an easy programming language to learn – I’ve learned in one weekend and I have no programming background whatsoever – you can easily create custom indicators and expert advisors that will greatly ...
Views: 2635 - Equis Metastock Is A Simple Yet Powerful Trading Software - by Submitted on Dec 10, 2010 from Fernando BrinkerhoffOne of my favorite technical analysis software that I use on a daily basis is Equis Metastock. This is a pretty god, stable and decent software that does have its flaws, like any other software, but that I believe is a good choice and a good fit-all solution. The software is customizable to suit ...
Views: 1090 - Do Not Worry, There Is Another Train Coming. Plan It All Before Opening Your Home Broker - by Submitted on Nov 23, 2010 from Fernando BrinkerhoffMost people when just starting out as traders in the stock market, read some articles on the web and then believe that, in order for them to be successful, they must make quick decisions and act fast. They believe that this would be the only way to profit and not let that big-time trade slip ...
Views: 753(4 votes) - Do Not Depend On Standard Indicators. Create Your Own And Enhance Your Trading Skills - by Submitted on Dec 10, 2010 from Fernando BrinkerhoffEquis Metastock has a wide array of options and excellent tools that will enhance your trade performance. You only need to take the time to learn its easy programming language and you will be able to create custom indicators that will fit your trading style. Believe me, not having to depend on ...
Views: 658 - A Calm And Relaxed State Of Mind Is Required To Trade In The Markets - by Submitted on Nov 23, 2010 from Fernando BrinkerhoffMost people tend to pay far too much attention to their setup system and believe that is the only thing necessary to profit in the stock market. They don’t realize that there is so much more that goes underneath and all that must be planned beforehand if they want to be profitable traders. At ...
Views: 864(4 votes) - Metastock’s Explorer: One Of The Best Tools For Your Trade Arsenal - by Submitted on Dec 10, 2010 from Fernando BrinkerhoffI believe Metastock’s explorer tool is one of the best tools available in this software. Perhaps is not the best screening and explorer tool to find the right stock to trade, but it is definitely one of the best tools inside Metastock. Not only you can easily program it after you learn its ...
Views: 1624 - Use Technical Indicators With A Grain Of Salt To Trade In The Stock Market - by Submitted on Dec 10, 2010 from Fernando BrinkerhoffI don’t get how people can trust so much some technical indicators when trading and/or investing in the stock market. It seems to me that they really believe that this or that indicator, can take a huge amount of data, perform some simple math calculations (ok, some are more complicated which ...
Views: 654 - To Become A Successful Technical Analyst, One Have To Study It For A Long Time - by Submitted on Nov 23, 2010 from Fernando BrinkerhoffI don’t understand why on earth anyone that has followed a couple of tutorials, read one or two books, could proclaim themselves as “technical analysis experts”. If you compare to any other profession, you will see that most requires at least a five-year course in order to be recognized, by ...
Views: 1008(4 votes) - There Is A Right And A Wrong Way To Use Indicator To Trade In The Stock Market - by Submitted on Dec 10, 2010 from Fernando BrinkerhoffDo yourself a favor and stop believing that the indicator you have been using for the past year is 100% accurate and reliable. Even if you have profiting out of it, make sure you look at how exactly you are interpreting it. Do you really believe that the market will follow what your 14-day ...
Views: 641 - The Market Will Go Wherever It Want To Go – Regardless Of What Your Indicator Has To Say About It - by Submitted on Nov 22, 2010 from Fernando BrinkerhoffYour indicator is not more reliable than anyone else’s indicator; and that is the reason why many will fail you to provide you with a proper guidance when trying to make a living out of the stock market. I’ve learned this definition the hard way and it only became fully clear to me after reading ...
Views: 663(4 votes) - The Market Makes Everyone Humble. Whether They Want It Or Not - by Submitted on Nov 22, 2010 from Fernando BrinkerhoffYou know one thing that I really love about the stock market? I love its ability to take those that walk with their noses high - those who believe they can and will beat anything that come their way – and smash them! The stock market does not care how smart or intelligent you are. There are so ...
Views: 730(4 votes) - Market Timing Plays A Big Role In Your Strategies - by Submitted on Nov 22, 2010 from Fernando BrinkerhoffSometimes in the stock market, you can be completely right about all your analysis, hunches, guesses, criteria and still not make any money at all! Does this sound to you a bit farfetched? Well, as a matter of fact, I’ll admit that it does sound a bit strange to me as well and to many other ...
Views: 683(4 votes) - Use Your Hunches To Profit From The Market - by Submitted on Nov 15, 2010 from Fernando BrinkerhoffThe World Wide Web offers us many possibilities to track, analyze, decide and act upon our hunches and feelings. We no longer need to fly blind when investing and trading. We can use the web to verify if that hunch that we are having does actually got some fundamentals behind to support it or if ...
Views: 736(4 votes) - Too Much Information Might Jeopardize Your Progress - by Submitted on Nov 15, 2010 from Fernando BrinkerhoffMost people get lost amidst so much information and potential trades that they might go for. The problem is that they are probably not making a profit in the markets and believe that they have got the wrong system. So they go out there in the World Wide Web and search for a new one. That is ...
Views: 759(4 votes) - Stay away from IPOs - by Submitted on Nov 15, 2010 from Fernando BrinkerhoffIt is already hard to guess what a stock price movement will be when you have more than five years’ worth of data that you can analyze and compare. So, imagine yourself doing that without any prospect whatsoever on how the stock had acted and reacted according to news, volatility and world ...
Views: 687(4 votes) - Hunches And Instincts In The Stock Market - by Submitted on Nov 15, 2010 from Fernando BrinkerhoffHunches and instincts are often used to differentiate great trade stars from more common every day traders. This kind puts these so-called “stars” in a position hard to get since they will explain their moves and trades with irrational data. But that is not completely true, there is the other ...
Views: 971(4 votes) - Stick To Your Plan And Forget The Rest - by Submitted on Nov 15, 2010 from Fernando BrinkerhoffIf you want to be successful at something, define beforehand what and how exactly you will do that and then set aside everything else that does not fit in your plan. I have learned that lesson from Jim Collin’s book “From Good to Great”. It is a great read and I would recommend you buying it. ...
Views: 696(4 votes) - Stop Orders: An Essential Tool For Your Trade Arsenal - by Submitted on Nov 15, 2010 from Fernando BrinkerhoffIt would be quite hard, especially for the regular investor who has a regular forty hours per week job, to trade and profit from the markets if there were no stop orders available to him. This type of order will enable you to place an order in your home broker, or have it placed by your broker, ...
Views: 736(4 votes) - When Trading In The Markets, Trust Your Instincts More Than Gurus - by Submitted on Nov 15, 2010 from Fernando Brinkerhoff“There is no free lunch” is a common saying all around and it fits really well in the financial markets. You should be always aware of what the other person might earn, gain or have an advantage when presenting something to you. He might just be giving you a piece of advice or telling you a ...
Views: 716(3 votes) - When Investing, Be Prepared To Adapt To World Changing Events. And Fast - by Submitted on Nov 09, 2010 from Fernando BrinkerhoffIf you want to invest, you must and will have to be able to adapt quickly. There is no way around that. There are some few set and old rules that do not change that easily like ones from Benjamin Graham, Buffet’s most recommended and awarded book. Buffet himself has said that Graham’s book, “The ...
Views: 644(3 votes) - Title Education Is A Must In The Markets, But It Should And Does Not Need Be Expensive - by Submitted on Nov 05, 2010 from Fernando BrinkerhoffWhen just starting out investing, you might be presented with a full and wide array of choices regarding brokers, deals and special courses that will make you rich overnight! Be careful with all those investment options because they might get you off track and then, instead of just losing money ...
Views: 625(3 votes) - Are You Smart And Intelligent? Good For You. That Does Not Mean You Will Be Successful As A Trader - by Submitted on Nov 05, 2010 from Fernando BrinkerhoffIt is not that uncommon and strange to see many top intelligent and smart people, to fail miserably when trading in the markets. They believe and have such a great confidence that they will able to pull it off – since they have done it in many other areas and jobs that they have previously ...
Views: 649(3 votes) - Setting Realistic Expectations - You Can Still Dream - by Submitted on Nov 05, 2010 from Fernando BrinkerhoffYou have read everywhere how everyone is getting rich overnight, how everyone is making a killing in the market and it seems that only you have not a clue about it. Your friends talk about it over one barbecue at your house one day, and you still have no idea of what is going on. Then, you ...
Views: 934 - When Building A Proper Financial Plan, You Need To Know Exactly Where You Stand - by Submitted on Nov 05, 2010 from Fernando BrinkerhoffSo, you decided that you want to invest. Great. But then you start looking around and you see there are tons of possibilities to invest in. Some are easier, some are more complicated and some you cannot even access if you want it to since you are not eligible as a Smart Investor (do not worry, ...
Views: 862 - Options Versus Investments – No Reason To Avoid Derivatives - by Submitted on Nov 05, 2010 from Fernando BrinkerhoffAn option is derived from a security One important point to remember is that options are not investments unto themselves. They all derive from the underlying security. Therefore we call options as derivative investments. And do not be afraid of saying that word, “derivatives”. It is much ...
Views: 720(3 votes) - Take A Week Of To See Things Properly - by Submitted on Nov 05, 2010 from Fernando BrinkerhoffSometimes you just need a week off your work AND life to properly analyze and decide on “what’s next” in your life. Many successful entrepreneurs do that like Bill Gates and Steve Jobs. They take a week that they call a “think week” and even though you are not really working, a lot of good ideas ...
Views: 768 - How To Track And Measure Your Success When Investing Online - by Submitted on Nov 05, 2010 from Fernando BrinkerhoffBesides investing and thoroughly studying your investment strategies and markets, a good follow up will also enhance your performance. After selecting, deciding, checking your position sizing, your work is still not finished. That is not even half of it. After you start your trade then there ...
Views: 774(4 votes) - Do Not Depend Solely On Investments For Your Financial Freedom - by Submitted on Nov 05, 2010 from Fernando BrinkerhoffThere is a big difference between savings and investments, however most people do not recognize this difference. Savings are usually that account you have in your bank that your manager said all the good things about it on how they are insured by the government, how you can easily access your ...
Views: 994 - How To Not Go All-In Alone In The Stock Market. Checking Out What The Experts Are Doing In The Stock Market. - by Submitted on Nov 05, 2010 from Fernando BrinkerhoffWhen you start trading in the markets and investing in funds, there are so many different factors to balance that you might be overwhelmed at the beginning. But do not worry, that is a common feeling among traders and speculators and it definitely fades as the time goes by. A good starting ...
Views: 740(3 votes) - Options – Using probability in your favor - by Submitted on Nov 05, 2010 from Fernando BrinkerhoffUsing options as leverage If I ask you where could you buy something for 10% of the price and still profit from its 100% price move, would you have an answer? Well, options have that, but like we pointed before, LOW-PROBABILITY trades have that. The problem with out-of-the-money (OTM) - where ...
Views: 779(3 votes) - Useful Information Of A Broadening Bottom Pattern For The Stock Market - Part 2 - by Submitted on Nov 03, 2010 from Fernando BrinkerhoffHow Long Should It Take To Make A Valid Formation Unusually, it takes from one to four months to make a valid formation. Less than that and it is not a valid pattern, more than that, than it has lost its predictability. The market does have a memory, but it is not that long. Formation end to ...
Views: 718(3 votes) - Position Sizing – How Important Is This To Your Trades And How To Be Smart About It - by Submitted on Nov 03, 2010 from Fernando BrinkerhoffMost people start investing without a proper research on exactly how much they can invest. Make no mistake, the “how much” part is just as important as where you should invest. Think this way: let’s say you split up your equity in two different investments that your manager recommended you. In ...
Views: 882(3 votes) - What Is the Difference Between an Option Buyer and an Option Seller? Part 1 - by Submitted on Nov 02, 2010 from Fernando BrinkerhoffIf you ever wondered how options works, it can be summed up as follow: A buyer of a call option hopes that the security from where the option derives, is going to move up. That means that the stock or commodity that your options derive from - also known as underlying security - will move up. ...
Views: 700(3 votes) - What Is the Difference Between an Option Buyer and an Option Seller? Part 2 - by Submitted on Nov 03, 2010 from Fernando BrinkerhoffContrary to a call option buyer, a put option buyer expects that the underlying security will move lower thus making a profit for himself. So, the put option buyer has control over a bearish position in X numbers of options that he has bought. Bear in mind that put options, like call options, ...
Views: 1744(3 votes) - Broadening Bottom Pattern Formation - The Basics - by Submitted on Nov 02, 2010 from Fernando BrinkerhoffBroadening bottoms can appear in two ways: in an upward breakout or in a downward breakout. Upwards Breakouts In an upward breakout, price trend is usually downward leading to the formation. An megaphone shape appears and make higher highs and lower lows that widen over time. After that, the ...
Views: 1458(3 votes) - Proper Identification Of A Right-Angled Ascending Broadening Pattern Formation - by Submitted on Nov 02, 2010 from Fernando BrinkerhoffGuidelines Shape The overall shape resembles a megaphone. This is not definite and is not precise, rebember you are trading patterns but they can't be mathematically precise or coded. It is one of the only areas where the human eye have an advantage over a computers code. Try to code a ...
Views: 929(3 votes)