This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here by request. Everyone knows, the goal of a trader is to make money. Although this is the general consensus, having this frame of mind usually leads you to frustration and loss of money. So how do we […]
Focus On The Process Not The Money Read More »
I appreciate one of my Facebook trading friends letting me share his post about the lessons he learned from his trading mentor. A trading mentor shares his 35 years of lessons repeatedly pounded into his student’s heads: 1. Assess the reward to risk ratio 2. Do not get in unless you can control the risk.
A Trading Mentor Shares His 35 Years Of Lessons Read More »
This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. Receptivity and Trading- Believe in Yourself Receptivity and trading? Believe in yourself? Does that have anything to do with technical analysis or fundamental analysis? I am afraid it has to do
Faith, Hope, and Perseverance in Trading Read More »
Being a profitable trader is not just about changing what you do but who you are. Unprofitable traders tend to be impulsive, greedy, impatient, and take actions that are random. You don’t need to do one great trade, the odds are that one big trade will cause more damage than good. Like most lottery winners
The Rare Trading Edge Read More »
This is a guest post by Holly Burns “There is no normal life that is free of pain. It’s the very wrestling with our problems that can be the impetus for our growth.” – Fred Rogers Like countless others, I grew up watching the magical world of Mr. Rogers’ Neighborhood. I remember his soft
What Mr. Rogers Can Teach Us About Trading Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Ben Kim’s timidness on Billions is sad. Especially when he’s so smart and capable! But fortunately Wendy helps him get over it.
Why Are You Afraid To Take The Trade? Read More »
This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. As with any new aspiring trader looking into the chaotic world of Forex, they will browse the internet on “How to Trade Forex”, find a system, purchase it, use it, then probably give up on it
Focus On Your Execution, Not the Market Read More »
“If trading (or any other job or endeavor) is a source of anxiety, fear, frustration, depression, or anger, something is wrong—even if you are successful in a conventional sense.” – Jack D. Schwager Anger is an emotion that is a great tool for protecting our boundaries and safety. Anger is the internal bodyguard that allows
Angry Trader, Broke Trader Read More »
Have written goals so you know what you want to accomplish and where you want to go. Let your life be guided by internal principles not external circumstances. Never take criticism from someone not doing better than you are. What the hell do they know? Internet trolls are losers, always ignore them. Never waste any
How To Be UnF*ckWithAble Read More »