Powerful Daily Affirmations to Transform Your Trading
Daily affirmations are a widely practised method for attaining success and accelerating your ability to achieve goals.
The following affirmations are not stated for a sudden spark of inspiration, I want you all to take action and keep this positivity flowing throughout your entire trading journey.
I want...
You are a Human. This is good.
You are capable of making complex decisions. You can identify patterns. You can enter excellent trades.
This is also bad. Between your ears is a narcotics factory that will put Heisenberg's mobile meth lab to shame.
You've entered a trade. This is it. The BIG one. A one-way ticket to infinite infinity pools.
Adrenaline ...
One of the major reasons why traders lose money is because they ride out their losses and close profitable trades too early.
While being patient can help us to achieve our maximum profit potential, being patient on the wrong side of a trade can be costly.
This is a great insight into why we are naturally predisposed to riding out losses and not quitting while we...
The Three A's
It is a known statistic that over 90% of traders fail and I covered the three main reasons why in my previous educational post (shown below).
Now that you know the main reasons why traders fail, it's time to lay the foundation for successful trading.
This can be structured and defined by something I call the three A's.
#1: Approach...
Three Reasons Why Most Traders Fail
Hello traders, I'm back with another educational post after receiving a lot of positive feedback. Today I'm going to break down three reasons why most traders fail!
Traders Fail?!
Yes most do, it is believed over 90% of new traders fail (this is an ongoing debate) but why is that? I personally believe it comes down to...
Trader Questionnaire
The purpose of this post is boost your overall confidence as a trader, to show you how much you have achieved since the beginning of your journey.
A personal assessment review is an excellent way to outline your personal beliefs and expectations of trading in general.
Write down your own answer to each individual question and review these...
Why do you trade? Consider writing down your personal trading goals.
The following are my personal Trading Goals & Motivations (taken from my trade plan).
Goals - Consistency
1. Focus on the process and let the results happen
2. Think in probabilities and whether I followed my plan. (Not right or wrong)
3. Master the ability to sit on my hands
4. Demand...
"Master your emotions and you'll master the market"
Hello traders, after receiving a lot of positive feedback from my TradingView educational posts I thought today I would break down a subject on trading psychology with the 14 stages of investor emotions.
Learning how market cycles operate can be extremely beneficial to your trading, understanding the true...
Guys, Do you know if we exclude strategy then the Main Difference between a Pro Trader and Beginner is Encountering Emotions! A Pro trader never let his emotions to control him; he controls the emotions.
On per request of traders in last "Psychological Issues Post" & messages for education post of overcoming emotions, I am sharing some points with you guys. Hope...
Top 10 Trading Psychology Rules:
1. Plan the Trade & Trade the Plan
-Plan all the potential trades beforehand, and trade accordingly with your plans
2. Always be Disciplined
-Do not create excuses to break your own trading rules
3. Expect Losses
-Do not take a trade unless you are willing to accept the risk
4. Emotion Management
-Always analyze your trade...
SOME WORDS FOR NEW TRADERS:
1. Learn from the Ideas in tradingview, pay attention to trading logic (why did this author want to long/short? )
2. if you can not understand the idea, or u disagree the idea, then dun trade it.
3. if you want to trade based the author's idea, make sure u make a very detail trading plan for yourself. the entry, the stop loss, the...
Here is a list of Psychological Issues which a trader face in trading world! If you are able to overcome these situation you will become a good trader!
I used to bitch, and moan about not having enough time to do certain things in my life. I might be a slow fucker at times, but finally, a while back, I figured it all out.
We all have the exact same amount of time. The people that succeed in life, the people that reach their dreams and goals,and the people that don't succeed.
Time might be the only thing in this...
Hi Friends,
I have left the above Nifty chart without proper description on purpose. Just take a look at the chart, if you can understand why those lines are drawn, its fine. If you don't then also its perfectly fine. But whats not fine was,taking trade decisions without knowing what those lines where.Do you think complex systems are better than simple trading...
I want to share with the community my top 10 positive affirmations that boosted my trading confidence and transformed my trading psychology.
1. My trading plan decides what is a good trading opportunity
2. I will keep a trading journal
3. I’m consistently a profitable trader
4. I’m in control of my emotions
5. Market presents unlimited opportunities
6. I’m happy...
Here is a great example on why it's so important to stick to your plan and follow your rules 100%!
GBPAUD 60min Bear TCT: Notes are on the chart
Would you have been disciplined enough to watch the market get 99.9% to Target #1 and sit through a 150 Pip Reversal and losing half of your profits? Then watch the market come down and Double Bottom just ahead of...
1. Go online and connect with other traders, ask the right questions (keyword: right) and talk shop. Joining TradingView is the best decision I made by far since I started trading. Social networks add value and my trading has improved a lot by being exposed to different ways to trade and by being able to see what works and what does not. But never trust a trader...
There is an extremely famous psychology paper written by Daniel Kahneman and Amos Tversky named ‘Judgement Under Uncertainty: Heuristics and Biases’ (psiexp.ss.uci.edu) (Kahneman won a Nobel Peace Prize in 1992 for his work in the field, specifically on prospect theory) which explores the decision making process.
As trading requires decisions to be made...
![NIFTY: Don't Be the Kid at Candy Shop [Educational Post]](https://s3.tradingview.com/s/ShVHtnXh_mid.png "Don't Be the Kid at Candy Shop [Educational Post]")
