@Wide_Tailz Very well said. It’s often our ego that is a limiting factor. Ego subconsciously creates obstacles in our mind to accept our mistakes....
@Coner1980 I’m sorry to say that but I can’t agree with even one thing in your post. It takes a lot to just survive this market. It’s not that I...
Some traders can actually predict the market shifts and gain significant advantage over other participants. But for me, it is extremely difficult...
I am a forex trader but these days I’m also getting my hands on to crypto trading. Taking it slow as it’s extremely volatile and unpredictable....
Do you mention your emotions in a trading plan?Do you write when you succeed and when you fail? Do you write about the market conditions or the...
What if the opposite has happened and it has gone down to 10%? Consider both the outcomes of the scenario. If you are really updated with all the...
Compounding is actually the eighth wonder of the world. One who understands it, earns it, one who doesn’t, pays it. Many traders just can’t afford...
@deaddog I can so relate to it. I believe that it’s more about the quality of trades rather than the quantity of trades. When you don’t focus on...
The same trading strategy can’t be in sync with the market conditions everytime. It eventually falls out and you have to work on finding an edge...
@Raheel_Shaikh I second that. Every trader calculates the profits in his mind before entering the market but no one calculates the risks. A trader...
It’s good for new traders to focus on quality trades and don’t run behind the quantity of trades. Use a strategy where you can hold a trade for a...
That depends on your definition of a good trader. If a good trader for you is someone who makes a lot of money then you are wrong. A good trader...
Never put all your eggs in one basket is an old saying that has stood the test of time. A short but sharp shift in the market can completely...
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