Overreaction to a loss
popdoc2013-06-04T11:50:34+00:00I see it all the time - in my work with clients and in my own trading. Issues in trading are often reenactments of old emotional and behavioral patterns from
I see it all the time - in my work with clients and in my own trading. Issues in trading are often reenactments of old emotional and behavioral patterns from
I’ve been getting a lot of questions about confidence lately. There are many ways to look at confidence for a trader. Is it a belief? A feeling? A combination?
The mind is very powerful. We interpret things based on how comfortable we are, and we decide to take action based on that perceived comfort level. It reminds me of
Many traders who do happen to have an edge with their methodology are still not performing well. If that was not the case, many more traders would be profitable. As
If you’ve read my other blogs you know about the dirty little secret in trading, and that it’s not the entries, but the exits that makes a trader consistent. And
Most people enter trading with the idea that they are going to make a lot of money. In other words, they have high expectations. There is nothing inherently wrong with
A common trait among newer traders, or among traders that are not profitable is a need for perfection. With so much noise in the media, blogs, and forums about calling
Trading is not really about prediction or being right or wrong. It is really about how much are you willing to risk to find out. It’s easy to take the
The typical trader is not profitable, and I suggest that one must learn to operate differently than the typical trader. One example is how the typical trader looks at risk