Trading Psychology

Are You Taking Enough Risk?

“In extreme sports as in Trading, seeking those rare huge opportunities can also involve taking significant risk…” Before setting foot in the Trading arena, an individual should ideally already have some understanding of their personality traits (i.e. know something about their own strengths and weaknesses)….

Planning Your Losses

“I believe a key to successful trading is learning how to become comfortable with taking a loss…” Traders are always interested to learn how I set my stops, especially with trades that last less than 1 hour. Well, let me tell you losing Traders often…

How To  Take A Loss

“Most Traders I have encountered over the many years of doing this job, have difficulty in separating the reality of a losing trade from the psychological sense of feeling like a loser…” There are quite a few books written on how to make money in…