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Trading Psychology

Mastering Trading Psychology: The Difference Between Winning and Losing Traders

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 …

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Ego: 7 Deadly Trading Sins Day 7

Big egos are the #1 cause of account blow ups. No one likes to admit they are wrong. But unlike in life, the consequences of stubbornness are much more severe in trading. Getting attached to your opinions is the worst possible thing for your trading career. Trading education everywhere talks about the importance of keeping …

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Trading Fear: 7 Deadly Trading Sins Day 6

Scared money does not make money in the stock market. Traders who trade with fear will never be able to consistently extract income from the markets. Fear manifests itself in many different forms in trading. We discussed one of the forms yesterday in our article about FOMO. Today we will talk about the other ways …

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