October 23, 2017
Keep Your Emotions Under Control | Trading Psychology
“What’s the best way to keep my emotions under control when I’m trading?” Well… this is a two-part answer. First of all, I think it’s almost impossible to keep our emotions out of our trading day. I know, most trading psychology books talk about the important of “removing emotions”, but let’s be honest, trying to […]
Continue reading June 1, 2017
Predicting the Future – Trader Psychology
New traders often assume that to become successful they must learn to predict the future…but the real job of the trader is to understand and capitalize on the present. New traders study charts for long periods of time, focusing on long-term price movements and targets…but they miss the many lucrative opportunities that occur along the […]
Continue reading May 31, 2017
Integrity of the Trader – Trader Psychology
In·teg·ri·ty – the state of being whole, entire, or undiminished. Integrity means a solid mind, body, and soul. Without it, the financial markets will find your greatest weakness and exploit it. The markets will reach inside you and pull out the weakest aspect of your personality, and leaving you begging to stop the pain. Integrity […]
Continue reading June 10, 2016
Trader Psychology – THREAT OF SUCCESS
For many professional traders, the biggest obstacle in their career is handling the almost-overnight success in their trade account. When we are successful as traders we must do everything in our power to remain humble, and resist the temptation to over-complicate our trading and our personal lives. This can be easier said than done. […]
Continue reading September 15, 2014
How to Make Better Day Trading Decisions | 5-Video Series
Making Better Decisions & Decision Theory This is an excellent 5-video series about the science and psychology behind the act of making a decision. Professional traders hone the skill of decision-making and this is an excellent starting point for a new trader.
Continue reading October 15, 2012
The Trading Psychology Of Decision Making
The Trading Psychology Of Decision Making Let’s start our discussion with decision making. Just how important is the decision making process to the way we trade? To answer that question let’s talk about the word decision. The simple truth is that there isn’t anything you do without making a decision first. Absolutely everything you do […]
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