Unbearable Boredom of Trading
Ah, glamorous life of a trader… Shimmering monitors, scrolling news headlines, whispering TV, hot coffee… You are alert, in control, overseeing and managing complicated situations… Suddenly something big...
Read MoreAh, glamorous life of a trader… Shimmering monitors, scrolling news headlines, whispering TV, hot coffee… You are alert, in control, overseeing and managing complicated situations… Suddenly something big...
Read MoreThere is one curious phenomenon that I observe for a long while. You see, my trading approach is fairly simple (let’s make a distinction at once -simple doesn’t always mean easy). It’s a few chart formations,...
Read MoreOne of the well-recognized terms from the tape reading terminology is Capitulation – often mentioned and often misunderstood. Many apply it in an overly broad sense, labeling any new low as capitulation; some believe that...
Read MoreConsistency is a sign of professionalism.Weird question, isn’t it You pocket it, you smile, brag, drink, spend on that even bigger screen TV or even smarter phone… right Well, yeah – under one condition: after...
Read MoreThere are many ways to play the same chart configuration – that’s what makes trading a mix of art and science, rather than science only. Just like different sculptors will make different art pieces from the same...
Read MoreContinuing our mini-series devoted to trading psychology, let’s look into another very common problem traders encounter. One of the most frequent questions I get: “OK, I seem to have mastered a lot, I can...
Read MoreWith everything said and written on the subject of stops, it should be a given that everyone is conditioned to keep them religiously even before they start trading. No matter what source a newer trader turns to, utter importance...
Read More… and What Alice Found There.This last stage of a trader’s development in psychology department is fairly simple to understand, maybe not very easy to implement… but give it due recognition and make an...
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