We are already on to component number eight to successful trading. Successful traders Part 8 – Keep accurate and detailed records of your trades.
This is the eighth habit of highly successful traders.
We are going to keep it simple today.
My message today (meant with the best possible intention), is: “Keep paper/digital records of every […]
Most people would agree that 1979 was the year that NLP (Neuro-Linguistic Programming) as we know it today was first introduced to the world.
It came with the publication of the book “Frogs into Princes – Introduction to Neurolinguistic Programming” which was written by Bander/Grinder.
This book outlined a rough framework for NLP and gave rise to […]
Learn how the Institutions trade to beat them at their game – BIG BANKS, HEDGE FUNDS and your broker!
This is part 7 of our series – The 10 Essential Components to Successful Trading.
Institutions mostly take a longer term trading perspective than individuals. They pay attention to fundamental news, company finances, profit and loss equations […]
The key to understanding price charts is to think in terms of buyers and sellers. Let’s begin to understand what VALUE is in the context of trading – read the bigger picture in order to measure buying and selling pressure
When is a good time to buy anything? When the price is low, right? When is […]
Learn to accept losses as a cost of doing business – this is the way to manage your emotions in trading.
Traders tend to get stuck in the short-term. Short-term wins giving them elation and short-term losses leaving them fearful and in despair. One of the keys to managing emotions in trading is to keep in […]
One of the hidden challenges in trading is that in order to trade profitably you must be able to find trades where you can sensibly manage your risk (potential losses).
This may seem like a dull subject to you but if you don’t manage your risk properly then you will never be profitable in the long […]
Take a look at the chart above. Is the market in a trend or a trading range?
It is an uptrend, isn’t it?
How do we know that it is an uptrend? The market is making higher highs and higher lows
Look […]
Myers Briggs Personality Types come from Jung’s four typologies. Jung defined four different categories of psychological profile. A focus on:
Personality Types in the workplace. Many employers use Myers Briggs profiling in order to help with staff recruitment, retention and development.
The key is to consider Job Scope, Roles, Duties, and the Key Attributes required for positions in order to draw up a desired personality profile or perhaps profiles that ideally may suit the role.
The […]
