Excuses will never help you achieve your goals. In trading, it is easy to play the blame game. After working with 1000’s of students over the past 12 years, we have heard it all. If you find yourself making these excuses, change your mindset ASAP. Get out of your own way. These 5 excuses are …
Clench the mouse when you enter a position? Cannot leave the computer to go to the bathroom when you’re in a trade? Watch every tick and sweat through 3 shirts a session? If you do any of these, you are trading with too much size. Trading with too much size not only makes trading way …
Read moreThe Art of Position Sizing: Read This Before Your Next Trade
Do you make the same trading mistakes over and over again and don’t know why? Roll out of bed at 9:15 AM and not do any pre-market prep? Get stubborn and not cut the loss when you were supposed to? Take profits early because you were afraid of the trade turning into a loser? Getting …
Short squeezes. To the moon. Lambo time. Why is everyone hyped up about short squeezes this year? 2021 has been defined by this term. Gamestop, AMC the main reasons why. As we have seen the past few weeks, this one of the most powerful trading patterns in the markets. Fortunes can be made or lost …
Read moreHow to Trade Short Squeezes| Everything You Need to Know
In trading, you are your own worst enemy. Fear of missing out and chasing. Fear of taking losses because you’re scared. Not taking profits because of greed. Revenge trading because you want to make back what you lost. No matter what stage in your trading journey you are in, trading psychology is the biggest obstacle …
Read more5 Trading Psychology Lessons Every Trader Needs to Learn
One of the many questions I get from my students is “When can I trade with real money?”. It’s on every trader’s mind as soon as they start learning about the stock market. Trading is not much different than any other high-paying profession. Education and practice precede the big paydays. A surgeon doesn’t start cutting …