Trading Mistakes

01. Anger over a losing trade – Traders usually feel as if they are victims of the market. This is usually because they either 1) care too much about the trade and/or 2) have unrealistic expectations. They seek approval from the markets, something the markets cannot provide. 2. Trading too much – Traders that do this have … Read more Trading Mistakes

Golden Rules for Succesful Traders

1. Anger over a losing trade – Traders usually feel as if they are victims of the market. This is usually because they either 1) care too much about the trade and/or 2) have unrealistic expectations. They seek approval from the markets, something the markets cannot provide. 2. Trading too much – Traders that do this have … Read more Golden Rules for Succesful Traders

Trading rules followed by succesful and profitable traders

“Good trading is 10% technology and 90% psychology. People defeat themselves. It doesn’t matter how often you repeat basic trading principles when almost no one will practice them.” (Maoxian) People lose money at the stock market for very simple reasons: They don’t have a method at all. They rely on other people opinions. People don’t … Read more Trading rules followed by succesful and profitable traders