Fear of Missing Out (FOMO)
Fear of missing out or FOMO is one of the most common struggles that traders have to deal with. FOMO is what I explore in this post. (more…)
Tips / Psychology / General
Want to Join the 10% ?
If you’ve been trading for a while, I’m sure you’ve heard the statistic that 90% of traders fail. Also, I’m pretty sure that all of us strive to be a…
Stick with It
Sticking to your trading strategy is often the most difficult thing for traders to do. That’s because sticking to your strategy means: you don’t hop from one strategy to the…
Patience and Trading
Aspiring traders often think that trading means trading / clicking buttons all the time, but it’s actually the opposite… Doing less / being more patient, is often what is needed.…
Tight Stops or Wide Stops?
I can’t decide for you (the trader) on how tight or wide your stops must be, but I can explain how they (tight or wide stops) will affect your trading.…
Howard Marks on Uncertainty and Risk
Mastering the Market Cycle: Getting the Odds on Your Side, is book written by legendary investor and co – founder of Oaktree Capital Management, Howard Marks. As the book’s title…
Hard Work and Persistence: Keys to Trading Success
Hard work and persistence in trading, just like with any other worthwhile endeavor, is often required for success. In this post I draw from a quote of the late William…
Trading with Scared Money
New traders often start out trading with what is known in the trading community as trading with scared money. This might not the best way to start trading and its…