Boredom trades are one of the biggest issues for struggling day traders. You want to get paid for the time you commit to trading. But unfortunately making money every day is the wrong expectation for new traders, especially day traders, who tend to be the most trigger-happy. In order to trade for a living, you …
Read more5 Ways To Prevent Boredom Trading From Destroying Your Account
Can Anyone Become A Full-Time Trader? No. The reality is that not everyone has the work ethic, the correct mindset, or the right personality to be a successful trader. Trading is one of the hardest professions in the world. There is no guaranteed salary, and your mistakes are punished by the market taking money from …
In trading, you are in control of everything you do. The market can do whatever it wants, so the only thing you need to focus on is your edge, trading system, and behavior. You cannot directly control whether your trades will be winners or losers. However, the magnitude of the winners and losers are completely …
Read moreTop 4 Causes Of Huge Trading Losses and How To Avoid Them
Trading is one of the hardest games in the world. At the same time, there is no other profession that can offer such a source of scalable income and personal freedom. You are your own boss, the CEO of your small business. However, this means that you have no one else to structure your day. …
There are many of you out there that follow the trading world closely but don’t actually trade. You follow traders on Twitter, you subscribe to newsletters, but you haven’t ever put on a trade. There is nothing wrong doing that for a period of time. It is actually a great idea to study the markets …
Read moreHow Learning To Trade Will Change Your Life Forever
The market doesn’t know or care about what you think or feel. The stock market is just a mechanism for sharing and displaying information. However, we as humans are constantly distorting information being displayed to us with our pre-existing beliefs. In order to listen to what the stock market is telling you objectively, you need …
Read moreThe Mindset You MUST Have To Become A Successful Stock Trader