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. Losing periods of any trading strategy are a necessary evil. If losing periods didn’t exist for profitable strategies they […]
Why Drawdowns are a Necessary Evil in Trading Read More »
This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. Most of the time, aspiring traders look for a quick fix. Or like to copy trades etc. etc. But let’s take a closer look…HOW DO WE BECOME PROFITABLE? I guess like with anything, if you
The ONLY Way To Become A Profitable Trader 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. Drawdowns are very difficult. Peter Brandt understands this. He’s had some very large, extended ones… and he’s a market
Emotional Management for Drawdowns Read More »
Revenge trading is the irrational desire to win back your losses from the same market or stock that you lost money in. Why is it Important to Avoid Revenge Trading? It makes you blind to other trading opportunities. You allow feelings to override your trading plan. You don’t have to make back money the same
Why is it Important to Avoid Revenge 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. AK speaks with Tyler of Macro Ops all about trading psychology. We cover everything from stoicism, to mindset shifts,
#1 Mindset Hack To Control Your Emotions In The Market 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. AK speaks with Tyler of Macro Ops all about how important it is to avoid overtrading in the market.
Here’s How To Stop Overtrading Read More »
“I feel my success comes from my love of the markets. I am not a casual trader. It is my life. I have a passion for trading. It is not merely a hobby or even a career choice for me. There is no question that this is what I am supposed to do with my
Happy Trader, Rich Trader Read More »
Trading Habit #14 “Successful trading is about consistently doing the difficult thing so often that it becomes second nature.” – Richard Weissman The easy trade is usually the losing trade. When a trader feels the most comfortable entering a trade to get on board a trend it is usually close to the end. It is
The Difficult Trade is Usually the Right Trade 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. Failure in trading can actually be a GOOD thing. Don’t believe me? Well you don’t have to take my word for
How to Recover From Trading Failures Read More »
This is a guest post by Glenn Drewes. His swing trading blog can be found at Greedygoblintrader.com The great and legendary trader Peter Brandt has an amazing quote: “I have no control over whether or not a trade will be profitable. My job is to enter orders. Nothing more, nothing less!” As a swing trader who
How To Get Control of Your Trading Read More »