Forget about your past trades. Keep the focus on the price action, and the next trade is always more important.
Trading Psychology
Video: Who moved my cheese?
Update [12 Jan 2010]: Apparently, the video has violated some copyrights issues and has been removed. Anyway, check out the book, it is definitely well worth the time. …………………………………….. [Original post] I read the book years back. A simple story but reveals profound truths about change. It applies to life and, of course, trading. “It […]
Tharp Trader Test
I recall I posted this test sometime ago, I thought it might be useful for new readers of this blog. Dr. Van Tharp designed a short online test to introduce trader to some of the issues that might affect his/her trading. Anyway, no harm give it a shot. Tharp Trader Test Here is my result: […]
Worth noting
Joe Ross posted a link on twitter with title ‘A simple Idea to improve your trading’. I thought it is a good reminder to all my readers here. And I certainly agree with the quote below, and being disciplined in trading methodology execution was and is the key of my consistency. I feel certain that […]
A blog post and something about stocktwits
I read a recent blog post on TraderFeed. This caught my attention, echoing my mind. Traders need to develop ways of seeing markets that are unique to them, that make sense for them, that fit their risk tolerance and lifestyle, and that best make use of their skills and talents. Simply giving traders ideas could […]
Video for the weekend: The Pursuit of Happyness
This is one of my favourite movies. This is the scene where Chris (Will Smith)takes his son, to play basketball and tells him to never give up on his dreams.