I had an interesting/harsh conversation with a new trader. I thought it might be useful to you.
Forget about your past trades. Keep the focus on the price action, and the next trade is always more important.
Andy Andrews give this dynamic presentation of Burn the Boats from PBS Special covers the attitude of commitment that creates an intense desire for both getting started and persisting without exception.
Not another blog post of some glorious trading rules. But, here are couple of things that I have learnt (some of them, in the hard way) from the past. So , this blog post is really meant for myself as constant reminder, and maybe, help some of my 13 readers.
Here is something I thought might be helpful to some new traders.My wife recently started her driving lesson. She is very keen to drive, but lack of confidence (and experience). Last evening, before heading out for grocery shopping, I thought it might be a good idea to let her drive while the traffic was low […]
I have been putting in a great deal of time and effort in futures trading lately. From refining strategy, writing plans (scrapping plans), back testing (not your fancy automated testing, I basically replayed markets), setting up accounts, negotiate commissions etc. The intensive process has almost burnt me out sometimes, but it is also a good […]