All Entries Tagged With: "Losing"
A Trader’s 5-Step Recovery
Traders have to go through recovery on almost an ongoing basis. Sometimes it’s from a paper-cut-sized hit to the account, while other times it involves coming back from an amputation of sorts – whether it be a major drawdown to actual or emotional capital.
How to Think About a Loss
Instead if equating a trading loss with personal failure, shift your mentality for what a loss means.
Can You Trade Full-Time? Part 3
We’ve arrived at Part 3 in the 4-part series on “Can You Trade Full-Time.”
Intelligence is Only Part of Trading Success
Intelligence is only a small part of trading. Trading is a numbers game, and it’s one that requires you to deal with emotions rather than allow them to flare.
Be Imperfect!
Society trains us to want to be perfect. And in many endeavors, that’s something worth striving for. But the best traders are imperfect – by choice.
Are You Willing to Lose, Part 2
The best traders don’t allow their fear to dictate their success. They respect the market and they keep risk in consideration, but they’re confident enough to act when their signal comes along and they move with conviction.
Are You Willing to Lose, Part 1
It’s a mentality where we trade in such a way that we evaluate our risk, do our best to contain it, and then move forward boldly. We aren’t held back by worry over what might happen.
