You want to trade from home, because it is a simple way to make money. You do not want to run a business, because it is complicated. The bad news is that successful traders conduct their trading activities like a business. This is because businesses make money, and hobbies don’t. To make money, having a business […]
10 Trading Rules For The Consistent Trader
“There are old traders and there are bold traders, but there are very few old, bold traders.” Ed Seykota To remain in the trading game, you don’t need courage. You need to be consistent. You need to keep your methods and emotions sustainable. Drama and excitement are nice in blockbusters. Profits, not stories, sustain your […]
10 Cognitive Biases That Plague A Trader
Traders are humans. As humans, we are affected by cognitive biases. Being biased is not fatal, but it is an obstacle to your goal of trading successfully. The bad news is that you will never entirely overcome your cognitive biases, as long as you stay human. The good news is that once you are aware […]
Trading the Markets like a Samurai
The modern world may no longer have room for samurais pledging their loyalty to feudal daimyos. But the discipline and focus of samurais may still have a place in helping us trade better. This article is inspired by this list of samurai quotes I stumbled upon. It has 12 quotes from the legendary Japanese swordsman, […]
How to Keep Trading Records as a Discretionary Price Action Trader
Most traders agree that trading records are essential to improving your trading performance. But when it comes to the specific pieces of trading information to record and how to do it, things get fuzzy. Some traders think that the trading records from their brokers are enough. Others might record their reasons for taking each trade. […]
3 Trading Book Value Bundles With Free International Shipping
Are trading books in your country expensive? Can’t find the trading book you want in your local bookstore? If so, I have good news for you, especially if you are from Mexico, India, New Zealand, or Singapore. If you live in one of these four countries, you can now get your wish list of trading books delivered to you for […]
