If as a TRADER you want to have disciplined and profitable trading, The Core Concept you need to Understand is As a Trader you do not have any control on the market. Nil Control on Market You’ve either figured out or you will figure out the fact that not much at all remains under… Read More »
– Inspired from the writings of Jason Leister. In order to start making progress, we need to deconstruct what it means to learn. Throughout life you’ve probably believed that reading something and being able to explain what you read to another person is learning. That’s more or less what traditional education has defined as learning, and… Read More »
“Let’s begin with this idea,” Morrie said. “Everyone knows they’re going to die, but nobody believes it.” He was in a businesslike mood this Tuesday. The subject was death, the first item on my list. Before I arrived, Morrie had scribbled a few notes on small white pieces of paper so that he wouldn’t forget.… Read More »
“For every style of trading there will be a “perfect” market environment. When the market is aligned to the strategy that you are trading, every trade will work itself out smoothly, losses will be far and few between, and you will feel on top of the world as you watch your profits accumulate! Sooner or… Read More »
Fear and greed are often recognized as two key drivers of financial markets. While this is undoubtedly an oversimplification, fear and greed play a vital role in the psychology of trading. Learning when to embrace and control these emotions is the only thing that draws a line between a successful trading career and a short-lived… Read More »
Two neighbours came before Jupiter and prayed him to grant their hearts’ desire. Now the one was full of greed, and the other eaten up with envy. So to punish them both, Jupiter granted that each might have whatever he wished for himself, but only on condition that his neighbour had twice as much. The greedy… Read More »
All traders should have a good trading plan. One of the worst bad habits a trader can have is trading impulsively and without any guidelines. Traders who take the time to make a trading plan are much more likely to succeed, but even with a plan in place we can develop bad habits. A trader… Read More »
After being diagnosed with a bone tumour in his left leg, Albert Espinosa, now an engineer and a popular spanish screenplay writer, then a 14-year-old boy from Barcelona, battled a 3 per cent survival chance with positivity and black humour. A decade in hospital, 83 chemotherapy sessions, and bartering his left leg, lung and a chunk… Read More »
Trading is not really about prediction or being right or wrong. It is really about how much are you willing to risk to find out. It’s easy to take the approach of, ‘is this trade going to work or not’, and in reality, we can’t help but think that way on a certain level. But… Read More »
BY JOEL RUNYON Intelligence Manual Skills Physical Fitness Creativity Critical Thinking If I were to make a top 5 list of the traits that are traditionally seen as MVTs [most valuable traits], you’d probably see those 5. One or two might be switched out, but a lot of people talk about those 5 traits but… Read More »