It is official- Inflation is no longer “transitory,” according to the US central bank. After blaming rising prices on pandemic-inspired supply chain bottlenecks throughout 2021, the Federal Reserve swallowed its pride, admitting inflationary pressures are far more structural than “transitory.” Economist Mohamed El Erian called “transitory” the worst call in the...
Hey traders! In this video we go over mindset and what matters more than winning in trading, it is how you deal with losers! We hope this video helps you form an edge in your trading and help give you growth and development, something every trader should seek! Good luck trading!
Trading Psychology: How to manage & deal with losses/consecutive losses in trading ? Hi everyone: Today I want to go over a very key trading psychology lesson on how to deal with losses, especially consecutive losses. This is bound to happen to any traders, whether you are new or experienced. ITs something all professional traders will have to deal with on a...
Losses are part of this business. People do not react well to losses. Badly handled losses in trading can trigger bigger losses. Furthermore, these have the dangerous potential of wiping out entire accounts. If you want to make it as a trader you need to have a solid psychological approach to accept and handle losses. Lots of internet articles are suggesting that...
Your beliefs shape the way you live life. Change your beliefs, change your life.
Many new traders do not have trust in their strategy. This could be due to a number of reasons, lets delve deeper.
It only takes a few consecutive trades to wipe you out. Ensure that never happens.
Preserve your capital or be forced to cease trading.
Success requires a series of steps. Are you taking them?
Information is king, except when it's trivial.
There is nothing more powerful than sharing.
Nobody knows you better than you.
Plan your trades. And trade your plan.