This is a guest post Jared Tendler. Your goal is to make money, but sometimes you find yourself losing money when you shouldn’t and leaving potential profits on the table. The question is wh... Read more
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
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
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
Trading is about mastering three different areas: A trading system with an edge. Using the right position sizing and risk management parameters for the system. Having the right discipline... 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
This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. It has been a while since I last made a post. So... Read more
The first step to profitable trading is the right mindset and psychology. The right attitude and mental discipline doesn’t guarantee that you will be a profitable and successful trader... Read more
“If trading (or any other job or endeavor) is a source of anxiety, fear, frustration, depression, or anger, something is wrong—even if you are successful in a conventional sense.” – Ja... Read more
Many new traders are taken out of the trading game through bad mental practices. Here are some things that top money managers and rich traders have shared through interviews and books that m... Read more
