A traders emotions, ego, and thinking can become very distorted when real money is at risk in the markets. Hormones like serotonin, dopamine, and adrenaline can cause impulses and emotions t... Read more
Panic and stress love company. Staying calm when other traders and investors are emotional gives you an edge trading. When they’re making mistakes you are making good trading decision... Read more
One of the biggest errors that new traders make is trading too big. If you trade too large of a position size you will inevitably give back any profits you earn with your first losing trade... Read more
“Discipline is the practice of making people obey rules or standards of behaviour, and punishing them when they do not. Discipline is the quality of being able to behave and work in a... Read more
A risk management process for a trading system is not just math but also includes human psychology. The psychology of execution is just as important to profitability as the trading dynamics... Read more
The original stoics were members of the ancient philosophical school of Stoicism started in Athens, Greece in the 3rd century B.C. In modern times a stoic is thought of as any person who can... Read more
This is a guest post from Tino @tradersreality of tradersreality.com. My day to day routine, involves various activities that must be completed within a certain time frame, otherwise when th... Read more
Even if you have a valid trading system and good risk management if you don’t have the right trading psychology you will not be able to execute it consistently over the long term. Her... Read more
A trading journal is a trading book you write about yourself. A trading journal has two uses, the first is to move your feelings, thoughts, and ego issues out of your mind and on to paper so... Read more
The phrase ‘Scared money don’t make money’ is used in many ways by diverse people from the Hip Hop community to the trading and investing world but what does it really mean... Read more
