All Entries Tagged With: "Trading Psychology"
Reminiscences of a Stock Operator - Annotated Edition
Trading books are among my favorite to read, and I’m always on the lookout for a good one. The ones I like the most aren’t of the how-to nature, given that I’ve been a full-time trader for so many years. Instead, I really like those that get inside the heads of great traders.
Prepare for Anything
Learning to purposely manage a malfunction in a controlled environment helps avoid panic should it ever happen unannounced.
The Importance of Off-the-Screen Goals
Ah, the end of the year! A time for pigging out, hanging with relatives, and reflecting on the previous 12 months.
For some, it’s a rewarding time.
How to Lose Like a Winner
I recently heard that in relationships, you can be happier if you choose to accept the whole person. The idea is that instead of trying to weigh everything you like vs. everything you dislike, accepting them as generally positive is a better decision.
Oversold Bounce or Higher Low?
Following an impressive surge higher from early October, the market has finally taken a breather. The pullback of the past week has offered at least a short-term change of character that has my attention - and yours as well, I’m sure.
The Power of Focus
Just last weekend, Tiger Woods collected another trophy. It was an impressive win by a wide margin, his 10th career win by 8 shots or more.
Scale Out of Winning Trades with Partial Exits
It’s common among traders to think that you either have to be all-in with a stock or all-out of a stock, but that sure isn’t the case.
Many of us do our buying in one piece, entering a full position at one time as an important level gets crossed.
