All Entries Tagged With: "Trading Psychology"
Don’t Be a Monkey
Ever seen a monkey trap where they grab the bait inside but when making a fist, can’t get their hand back out? I’ve made some trades in that manner, and perhaps you have too, but where did we go wrong?
How to Think About a Loss
Instead if equating a trading loss with personal failure, shift your mentality for what a loss means.
Post-Earnings Day Trading Profits
Earnings season brings with it a host of opportunities. It includes the potential for new leadership to emerge once it’s all said and done, but in the heat of it, the price action offers some excellent chances to participate in emotional short-term moves via day trades.
3 Ways to Overcome Your Fear from Past Trades
Traders are a skittish bunch. We can make the same trade 100 times, but the one time a left-field event occurs, it can spook us forever.
Contrarian View
Just for fun, let’s look at both sides of this market, pretending there are actual bulls out there.
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.
What if it Gets Worse?
Commit to greatness, as only then can you come up with an adjustable game plan going forward. You’ll need it – especially if it gets worse.
