New Year Resolutions for Traders

Here are some hard-learned resolutions we made over the last decade in one high-intensity capsule I will always wait for the right trade I will not trade with the money I cannot afford to lose I will not gamble. I will not do 50–50 trades. I will trade only high probability trades I will sit … Continue reading New Year Resolutions for Traders

Improve your trading decisions

Number 0: Master your mind. Cultivate discipline. And conscientiousness Conscientiousness is the ability to follow a plan. So basically you need to cultivate the mental mettle to stick to the plan. You also need to be immensely patient, and immensely disciplined. Number 1: Always have a written trading plan. If you are taking a trade, … Continue reading Improve your trading decisions

Keep your losses small and fixed

Did you know that you can fix your maximum loss in a trade to a small amount? Even before you place a trade? So no matter what happens, you won’t lose more than this small amount.How do you do this? Simple. Go to EasyOptions Get trades with small maximum losses Click on any of the suggestions to trade. And that’s … Continue reading Keep your losses small and fixed

The Dos and Don’ts of great trading

Trading Trading is not gambling. Trading is years of hard work, learning, and discipline. If you are looking for a place to make money easily, look elsewhere. Trading is purely a game of psychology and discipline. Numbers data etc are secondary Never trade with a profit target in mind. Trade because the trade is the … Continue reading The Dos and Don’ts of great trading