Everyone who knows will tell you that trading is mostly about your personal psychology, your state of mind. Some would say as much as 90 percent contributes to your success or failure. This makes sense as with any high-skill endeavor, like competitive sports or thinking games like chess, all depend upon a high level of […]
There are a lot of things you could do to make yourself into the trader you want to be. And it’s all about creating the right behaviors, the right skills, the right habits. What we’ll talk about here are habits that you need to get into to become a consistently profitable trader. This is perhaps […]
The very first thing you need under your belt before you can become a top performer, in what ever field you work, a sport or personal endeavor, is how to create good habits. Without the ability to create good habits and having good habits, you are flying blind. Top performers are there because they’ve already […]
prep-a-ra-tion (noun) The action or process of making ready for use or consideration. Something done to get ready for an event or undertaking. Like so many other things in life, the level of attention paid to trading preparation is not what it should be. Most people are lazy, looking for short cuts, or they simply […]
In trading we’re confronted with decisions to go with a trade or to not go with the trade, the go/no-go decision. We want the decision to be easy, hard and fast, no in between, either you risk it, or you don’t risk it. That’s because the “in between” pushes us into the unknown or unknowable, […]
