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Tips / Psychology / General

Mark Douglas and the 5 Fundamental Truths of Trading

If you’ve been trading for a while, I’m sure you’ve heard about the book Trading in the Zone by the late Mark Douglas. This post is about the 5 fundamental truths of trading which he wrote about in his book.

Categories
Tips / Psychology / General

Drawbacks of Taking Subpar Trades

All traders have taken subpar trades. The level of experience doesn’t really matter… and chances are that you’re going to take them again. Mediocre / subpar trades are just one of many things that’s a hindrance to the performance of traders.

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Tips / Psychology / General

Outlast the Learning Curve

Without a doubt, there is a leaning curve in trading. For some the learning curve will be steep (difficult), and for others it will be shallow (easy / easier).

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Tips / Psychology / General

One Trade is All it Takes…

One trade is all it takes to blow a trading account.

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Tips / Psychology / General

One Thing Successful Traders have in Common

Successful traders come in all shapes and sizes…they are of different ages…and they are from all over the world.

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Tips / Psychology / General

Are You Growing as a Trader?

The market loves to dish out lessons. Trading growth, essentially, comes down to how long it takes you to learn from those lessons.

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Tips / Psychology / General

Trading Wisdom from Seneca

In this post I’m quoting from the book, On the Shortness of Life which contains letters from the Stoic philosopher, Seneca. 

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Tips / Psychology / General

Give Yourself a Fair Chance

Just like with any other job, the longer you stay in it, the better you’ll get at it.

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Tips / Psychology / General

Risk Management is More than Just Protecting Your Capital…

Risk management is more than just protecting your capital, it’s also about protecting yourself. 

Categories
Tips / Psychology / General

Be Careful when You Catch Yourself doing This

Every time we open our trading platform / app / terminal, many of us expect to find trades… we automatically assume that we will be placing trades.