Hello Friends!
In the midst of volatile market periods like the present, I pen these words with a deep understanding of their significance. Today, numerous coins have soared by +100%, leaving many behind in their meteoric rise. Perhaps you were among those who went "short" and faced losses. The emotional turmoil in such situations is palpable, and I wish to...
Meditation is an incredible tool that can help a trader in many ways, both emotionally and mentally. It can bring calmness to the chaos of the stock market and provide a sense of clarity that is often difficult to achieve.
When you meditate, you foster mindfulness that can carry forward to your next task. This helps you to keep a clear focus on what you need to...
Do you face at least some of these problems in trading?
Intervene in trading by constantly re-evaluating the market.
You have discipline problems.
Fear of opening the next trade after one or more losses.
Greed as a result of several trades with large profits. Opening positions that are more risky than allowed by the Money Management rules.
Increasing...
Overcoming Emotions
Most traders want to "overcome" their emotions. They view thoughts and emotions as the enemy which prevents them from succeeding in the market. This is a false perception. Yes emotions and thoughts can lead to actions in the market, but they are impossible to remove. So long as you are human you will have emotions and thoughts. There is...
Introduction to Trading Psychology
Learning to read a price chart takes a while, but is relatively straight forward. It is obvious learning how to read a price chart alone is not what leads to consistent profits. So, what is it that separates the very few successful traders from the so many failures? Is it their strategy, their money management skills, IQ, were...
