Category: Trading Psychology

Tips for Day Trading

Trading Psychology – Our Guides So Far

If you have been following our blog, you would know that we started off by touching subjects that explain the psychology of trading; the thinking and mind-set required to become a successful trader. In the forthcoming posts we will be discussing actual day trading tips, ideas and strategies alongside our regular posts on the psychology…
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You Won’t Survive Unless You Trade Like A Predator

Before we can get to discussing the main topic, I would like to give you a brief psychological background of the ‘prey’ mentality and the reasons why it dominates the mentality of new traders. The single biggest reason new traders lose money with trading is because they spend too much time executing good and bad trades…
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Why Do We Trade And Where’s The Real Opportunity?

Have you asked yourself why you trade? You need to make money? Or are you curious to learn about the dynamics of the trading world? Whatever answer or reasoning you have may not be good enough if you didn’t know why people trade, and how it actually works. The reason I say this is because…
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Learning The Skills Vs Learning To Think Like A Trader

It goes without saying – in life, if you want to achieve success in anything whether physical or mental – you need to have the right skills. In some professions having mindfulness at all times does not account for much. I am not discounting the fact that ‘mental strength is required’ no matter what we…
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Trading Isn’t About Working For Money

You must have heard the old saying ‘money makes money’ – okay, so if that’s true then does it apply when you have limited financial resources? Does it apply when you are just starting out and rely on the fact that since you are investing money and as a result – you will make money?…
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There Is No Trading Without Fear And Greed

As a trader when we look at the market data. What happens next? What goes on inside our heads? There is no trading without an assumption, so we do our human things. We start the idea generation process. Very quickly, consciously or sub-consciously, we start constructing our biases and our biases help us to ascertain the market. We…
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Keeping An Open Mind Is Key To Successful Trading

Once you start learning to trade, you will see a great amount of emphasis on trading discipline. Coaching and trading programmes are often harping about keeping a tight focus on the current market activity. It’s extremely fascinating to learn how our brains work. Trading requires one to find a trend or specific pattern, and while…
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Trading Predictions – Facts, Myths & Misconceptions

What is it that makes trading so bloody difficult? Why is it that often traders flock to certain tipsters, and pay homage to them like political leaders or religious pundits of some sort? It’s quite common to hear trading experts say – This stock is for sure going up! or This stock is definitely going…
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