Archive for category: Trading Psychology

Two Traders Enter, One Trader Leaves

17 Dec
December 17, 2014

    There is nothing simple or painless about trading for a living. You have to compete in a rivalrous arena, defeat other gladiators, and not get yourself killed in the process. Here are a few ways to become a better trader and overcome your opponents. Face reality- Spend time analyzing what you do and […]

How To Get In The Top 10% of Traders

09 Dec
December 9, 2014

    Do all the needed homework and research about your trading style before you ever trade any real money. Never trade without a detailed trading plan. You have to know exactly what you will do in response to the price action before the market opens each day. Learn how to maximize winning trades with […]

New Traders Need To Know This:

08 Dec
December 8, 2014

     This is a GUEST POST from Rolf @Tradeciety. I am a huge fan of his work. What You Know Versus What You Think You Know About Being a Trader 1. What Is Trading? Your first stage of being a trader is when you have no clue what trading is but you really like […]

3 Simple Ways To Regain Your Trading Discipline

03 Dec
December 3, 2014

     Guest Post by JB Marwood  @MarwoodJoe It was 10:30 AM and I’d already been through so many round trips I could probably claim back a flight to Las Vegas. We’d previously been told not to look at our P&L’s, but I just couldn’t help myself. Every 20 seconds I’d bring the window back […]

Trading Expectations: Keep It Real

24 Nov
November 24, 2014

    Unfortunately, the retail trading world is full of false promises.  No other industry has as many snake oil salesmen, promising to make traders rich for a fee. The more a newsletter writer or trading system seller tells you how easy trading is, the more cautious you should be. Consistently profitable trading requires a […]