Trading Psychology

Answer These Questions Before You Trade

Ten Questions to ask Yourself Before Every Trade.

                                                                                                                                                                                                                                                                                                   If you are just randomly trading what you like with no real underlying system, method or planning then unfortunately your odds of success in the long term are slim. It is crucial that you create for yourself a system or methodology that enables you to trade in a way that historically wins, controls risk, […]

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Survival Guide For Traders:Book Review

Bennett McDowell has written a very useful and insightful book for traders who want to get serious about their trading. . He takes the trader through every step they will need to consider when turning a favorite hobby into a money making business. Like any business you will need to write a defined business plan

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7 Easy Steps to Blow Up your Trading Account

You better be managing risks on days like today, when the Dow Jones Industrial Average rockets up almost 500 points due to announcements from central banks. Shorts were punished once again, not by the normal market functions of supply and demand or emerging trends, but government interference. Such is life in the markets and trading. 

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