Rules: We Don’t Like Them, but We Need Them (Trading Related)
Rules often feel restrictive and many people have a negative connotation towards them – for these reasons people tend to avoid them. But in trading, where emotions run high and…
Tips / Psychology / General
A Market Wizard on Discipline in Trading
In this post I’m quoting from The New Market Wizards: Conversations with America’s Top Traders, a book written by Jack D. Schwager on the reason why most traders fail – discipline.…
Right, but Still Wrong? (Trading Related)
The market have so many ways of messing with us. Here’s one: you can be right on the final outcome / direction of a trade, but still be wrong. How…
Bridging the Gap of Intention vs Execution: Discipline (Trading Related)
Many of us get into trading because we see it as the perfect side hustle. But then, for some reason, we give up because its “not working”. This post explores…
Trading Indicators: Pros, Cons and Tips
In this post I cover the pros and cons of trading indicators, then offer some tips on how to use them. Sounds good? Please read on. (more…)
Trading Wisdom from The Tao of Trading by Simon Ree
In this post I’m quoting from The Tao of Trading: How to Build Abundant Wealth in Any Market Condition, a trading book written by Simon Ree to highlight the importance of thinking…
Conquer Trading Worry: Try Dale Carnegie’s Timeless Formula
Have you ever, immediately after placing a trade, started worrying about it? Drawing from Dale Carnegie’s How to Stop Worrying and Start Living, this post guides traders to alleviate worry in…
How to Get Better at Dealing with Losses
Dealing with losing trades is probably one of the most difficult things for traders. And, unfortunately, being wrong is something every trader has to deal with on a regular basis;…