Trading

Position Sizing- Lessons for Risk Management

Position Sizing: Lessons for Risk Management

Understanding the nuances of position sizing and its implications for risk management is critical for success in trading. This often-overlooked aspect of a trading strategy holds the key to safeguarding your capital and maximizing your potential for long-term profitability. As traders navigate the complex world of the financial markets and their trade execution, managing risk

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5 Habits For Successful Traders

5 Habits For Successful Traders

In the world of trading, success doesn’t come by chance. It’s the result of cultivating powerful habits that guide decision-making and strategy. Influential works like “Market Wizards” by Jack Schwager and Michael Covel’s “Trend Following” have shed light on these common practices of successful traders. Trading habits and strategies converge to create a roadmap for

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3 Traits You Need As A Successful Trader

3 Traits You Need As A Successful Trader

Trading successfully requires certain traits. When examining top traders, essential qualities emerge. Based on insights from the wealthy and successful traders featured in the books by experts like Jack D. Schwager and Michael Covel, this post will cover three indispensable traits for trading excellence: discipline, risk management, and continuous learning. For those seeking trading mastery,

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Trading Was Hard Until I Understood These 3 Concepts

Trading Was Hard Until I Understood These 3 Concepts

“Trading” and “hard” are words many novice traders often find synonymous. The intricate dance of numbers, charts, and emotions can be overwhelming. However, the complexity of trading began to become more simplified for me when I delved deeper into three pivotal concepts. In this article, we’ll journey through these transformative insights that shifted my perspective

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Turtle Trading System

Turtle Trading System

I’ve always been fascinated by the best traders in history. Trading is my favorite professional sport. It piqued my interest when I first heard about the Turtle Trading System. You see, it’s a trend-following trading system created by Richard Dennis and William Eckhardt in the 1980s. They wanted to prove that anyone could learn to

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