Many successful professionals from other fields struggle when they try to trade for a living. One big reason is that trading has several crucial aspects that run against our intuition. Here, you’ll find seven trading tips that explain these aspects and help to improve our odds in this worthy challenge. If you pay attention to […]
Trading Psychology Crash Course
The market is crashing. It is volatile and uncertain. Many traders are focusing on how to take advantage of the market in such exceptional circumstances. But I recommend taking this opportunity to take a hard look at trading psychology. Swinging prices lead to highly-charged emotions in the market. There is no better time to remind […]
Trading: Your Passion or Addiction? How To Cultivate A Healthy Trading Passion
How many hours do you spend on trading each day? Do you find it difficult to peel your eyes away from your candlestick charts? Have your family and friends said you live and breathe the market? Are you passionate or addicted? In a game of odds like trading, there’s a fine line between passion and […]
7 Effective Tips For Building Trading Discipline
Trading discipline is pivotal to your performance and survival as a retail trader. As an independent trader, you don’t have managers looking over your shoulders. A single lapse of discipline can severely damage your trading account, not to mention your confidence as a trader. However, typical tips to improve trading discipline might not be helpful. […]
7 Top Audiobooks To Boost Your Trading Mindset (Get Two Audiobooks Free)
Trading books typically rely on showing you charts to explain trading tactics. They are not ideal in audiobook format. Hence, it’s not surprising that a trader who loves audiobooks might be a little disappointed. Or maybe not. There is an excellent subset of books that’s perfect for traders who enjoy audiobooks. In this list, you’ll […]
7 Risk Management Tips From Top Traders
Risk management is the cornerstone of a sustainable trading plan. Yet it is always ignored by new traders who are only looking for the next fancy strategy. Furthermore, trading risks come in so many forms and can be challenging to manage even for seasoned traders. Hence, in this article, let’s take a close look at […]
