Trading Psychology

There are still 26 letters in the English alphabet, even if the Brits and the Yanks call the last letter by different names. Have you ever wondered which is correct? You might find it interesting that the Dictionary.com defines “zee” as “the U.S. word for “zed.” That ought to set the record straight. But, I […]

“One of the keys to a trader’s success was not the results of a trade but rather how a trader reacted to the results of a trade.” – Dan Gamza Why me? Why did this happen to me? Those are some of the questions that disturb losing traders. After a series of losses, some of […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 1 “One of the secrets few know and fewer implement when it comes to trading success is that you have to really care about doing well. These days, I see a lot of traders not caring enough, not prioritizing learning about trading, and making pathetic […]

We all know the traditional concerns of investors, among which are key statistic like share price, market cap, P/E ratios, revenues, operational expenses, EBITDA, ROI, ROA, ROE, volatility, and a myriad of other pieces of data that, in aggregate, help to paint a picture of future success. Everyone is amazed by the unparalleled advances in […]

New Year is here! Year 2015 was the most difficult year I’ve experienced in my trading career. For example, years 2007 to 2014 were easy for those who cut their losses, ran their profits and employed sensible position sizing methods. In the year 2015, the months of January, February, March, April and December were good, […]

Here’s the market outlook for the year: EURUSD Long-term bias: Bearish EURUSD was generally bearish in 2015, reaching a low of 1.0462 and a high of 1.1712. The last week of that year was bearish, and the bearishness could continue till February 2016. From February to April, we would witness serious bullish effort, which would […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 20 “Books are great mentors, but where else can you learn? By standing on the shoulders of giants. When it comes to making money, here is the million dollar secret…follow someone smarter than you…” – James Altucher Name: James Tisch Date of birth: January 2, 1953 […]

Succeeding as a Trader after Learning the Necessary Facts and Skills This book profiles 22 renowned super traders from around the world. Great traders who know what it takes to be successful in the markets. In this follow up to his previous book: “Learn From the Generals of the Markets,” the author gives an overview […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 19 “Just as picking up a five iron does not make you Tiger Woods, opening a brokerage account and sitting in front of a computer screen does not make you Peter Lynch or Warren Buffett. That is something you must work for, and it takes time […]

The problem with many traders is that they have only half a plan, the easy half. They know how much profit they’re willing to take, but they don’t have the foggiest idea how much they’re willing to lose. They’re like a deer in the headlights, they just freeze and wait to get run over. Their […]