Are your ready to elevate your trading game?
You’ll need these 4 golden tickets to have a chance.
You might have two or three of them, but it’s important to make sure so that you’re set for the rest of your trading career.
Have a read and let’s refine your trading skills.
Lesson 1: Follow a Proven Strategy and Never Deviate
Ever heard me say, “A rolling...
You know that trading is a mental game.
And if you play it wrong, it can be very draining on the mind and the soul.
Your aim is to make trading effortless and not overstressing.
And to do this, you need to avoid making these draining trading habits.
That’s what we’ll cover in this piece.
Personalise Losses: The Emotional Pitfall
Ever felt like the market...
Do you ever get caught in the whirlwind of overtrading?
You’re taking a ton of trades because you’re bored, to make up for losses, for the sake of trading and to maybe feel productive.
It’s like Netflix really. You’re watching your favorite TV series; before you know it, you’ve devoured the whole season in one sitting.
Time lost and you get deep withdrawal...
What if?
This simple two word question is a psychological trap that traders often encounter.
And it does nothing more than undermine their decision-making process and overall trading performance.
This question will open a box of doubts, hypotheticals, and second-guessing.
This can paralyze action, distort risk assessment, and divert focus from the present to...
In the previous TradingView article we spoke about FOMO (Fear of Missing Out).
And why it is really not necessary to deal with.
There is always the next trade coming.
There is always another opportunity coming your way.
There is always time to take the next one.
No we are going to unpack the five hidden dangers of trading with FOMO and how to sidestep them...
So you missed a trade.
Or you are you often gripped by the fear of missing out (FOMO) in the trading world?
It’s a common feeling.
But let me tell you.
You might miss a train, but the next one is always on the way.
And the stock market will always be there for you to pump out more profit opportunities for you.
Today, I want you to not worry to much about...
I like to say…
Go where winners thrive and excuse givers die!
If you’ve ever uttered the following phrases below – I urge you to stop saying them from today.
And when you do utter these below phrases, you’re going to manifest losing, despair and hopelessness.
But it’s not your fault. It’s the conditions and echo of amateur traders – that other traders listen...
With trading, time is money.
And every wasted moment is a missed opportunity.
Every day you skip. Every high probability trade you miss on whatever market you’re trading.
Even every loss you take according to your strategy, is one step closer you’re missing to success.
I wrote about time wasting in the previous article.
And I can’t stress enough how important...
You need to stop wasting precious time.
I have had members who’ve been with me for 15 years and haven’t even taken a trade.
I have written this article in a way that you can relate to the problems with traders wasting time.
Ready?
#1. Wait for Inspiration
Trader A: “I just can’t trade today. I’m waiting for that magical moment when inspiration strikes!”...
We’ve all had this moment.
Where we stare at our screens, scratching our heads, wondering a bunch of stuff.
Why is this so slow?
Why can’t I press the button
Where am I going wrong?
We’ve chased trends, hesitated when we should have acted, and let our emotions play puppeteer with our portfolios.
Today is the turning point.
For you!
It’s time to say…
“I’m...
To trade well is nothing more than a calculated dance on the trading floor.
You need to navigate the volatile seas of markets and understand the essential elements of a trade.
And whether you’re a newbie or the MOST experienced trader out there, you need to adopt the same quintessential factors with your trading.
And that is, the elements that make a...
You can learn a lot from the classic board game we all know and love: Monopoly.
And as a trader, if you decide to play it again with your spouse or children – you’ll find the game to be very different.
That’s because you have a better sense of risk, reward, probabilities and money management.
You have the patience to grow a sizeable portfolio and eventually...
REMEMBER
No matter what stock, index, Forex or other markets you’re trading, every trader needs 5 protection levels.
Stop loss to stop yourself from furthering losses
Time stop loss to get you out of non-performing trades
Adjusted stop loss to lock in profits when the market moves in your favour.
Risk % per trade to only lose a certain amount of...
Q. "I heard that there is a phenomena called “Lazy February”. Could you explain why it’s called that and what I should watch out for as a trader?”
A. I have not heard that term in eons! Here’s my 10 cents on how Lazy February got this name.
Short month effect
February is the shortest month of the year.
And because so much happens in February, many investors...
A. Remember when it comes to interest rate cuts it means the following:
Stimulates economic growth
This makes borrowing cheaper as interest rates are lower.
And it encourages more spending and investments by individuals and businesses.
Boosts buying from consumers
Also, with low interest rates it entices people to buy more.
And this is because the cost of...
WHAT IS AN ODD LOT OFFER?
An odd-lot offer is a financial transaction.
It is where a company offers to buy back small quantities of its shares from shareholders who hold fewer shares than the typical trading unit.
Usually it’s under 100 shares.
In the context of stock markets, an “odd lot” refers to a number of shares that is less than the standard trading...
It’s been a very tough year for swing traders.
Go long the market drops. Go short the market rallies.
Don’t do anything and you save from the burn.
But in the bigger scheme of things, it looks like we are in an accumulation phase.
The accumulation phase is a period in which smart money (informed and experienced traders or institutional investors) is believed...
While charts, trends, risk and reward are our daily companions.
Let’s not forget that life’s full of exciting opportunities beyond the trading desk.
We are human at the end of the day.
And you also need to consider extra elements that will help you propel towards success.
Let’s get into the 5 Non trading activities you need to act on.
Healthy Lifestyle:...
