In this business, letting your emotions control you will lead to disaster. Instead, you need to have a powerful mindset, or what we call the Trader’s Psyche. This is a focused psychological framework that will help you develop selective, wise, and patient trading methods. The most successful traders exhibit these mental habits which help them… Read More »
BY Lance Beggs Fatigue management is a favorite topic of mine, due to my interest in aviation and in particular aviation safety. In military aviation, in both a training and operational environment, fatigue management is recognized as an essential function of command, in order to minimize risk and enhance operational effectiveness. The same applies to… Read More »
When many of us think of probabilities, the first thought that comes to mind is a coin toss—having a 50% chance of being correct on a given toss. Can something as simple as a coin toss be applied to investing in financial markets? Probabilities, as with a coin toss, can indeed provide us with tools… Read More »
One of the best things you can learn about the stock market is how much more there is to learn. Every day, you’re exposed to new information that will help shape your investment decisions and help you make smarter choices as an investor. For example, did you know that businesses are looking for ways to… Read More »
Hard Truth about Trading Anything can happen. Does not need to know what’s going to happen next to make money. Random distribution between wins and losses for any given set of variables that defines an edge Edge is nothing more than an indication of a higher probability of one thing happening over another Every moment… Read More »
Most traders have heard the statistics: “95% of traders lose money,” “Only 5% of traders can make a living at it,” or “Only 1% of traders really make money.” Whatever the particular number is from recent studies, the fact is, many traders will lose money, and it simply cannot be avoided. All sorts of reasons… Read More »
Today, I want to share with you five pivotal rules that I’ve gleaned from one of the most accomplished traders, which have significantly enhanced my own trading journey. Care to guess who this trader might be? While these principles may seem straightforward to some, they constitute fundamental steps in trading—one that every trader will inevitably… Read More »
Introduction: Trading, with its promise of financial independence and high returns, has been a captivating pursuit for many. The allure of making money in the markets has fueled dreams of quitting traditional jobs and living a life of freedom. However, this endeavor is not without its challenges and pitfalls. In this comprehensive exploration, we will… Read More »
Introduction In the dynamic and challenging world of trading, success is not solely determined by market analysis and strategic planning. A trader’s mindset plays a pivotal role in navigating the ups and downs of financial markets. This post aims to delve into the intricate realm of trading psychology, offering strategies to cultivate a winning mindset… Read More »
Every seminar and book will tell you that controlling your emotions and having discipline in you’re trading are essential to your success. But no one tells you how to achieve emotional control and personal discipline while trading the market. Every trader sees the market differently because our past, our current lives, and our perceptions are… Read More »