4 min read
How to Review Your Trading Data - 6 Simple Steps
Have you ever reviewed your trading journal and felt lost? Many traders struggle to identify patterns and make sense of their performance. But what...
The Thinking Behind A Rally In Price
These days you can see excited and euphoric traders in twitter, forums and everywhere in the web talking about rallies, big profits and about the dream of making a ‘killing’ from joining the long-lasting trends you can witness these days. The truth is, traders join trends too late and miss the exit just to see their profits evaporate and being left with nothing, but the clueless perplexity how they managed to lose money over a several thousand pip rally.
The following price chart illustrates the different phases and stages the average trader undergoes during a price rally.
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3 min read
A Year with "The Trading Mindwheel": Transforming Trading Through Psychology
The following is a guest post from Michael Lamothe.
I'm Michael Lamothe, and today marks an extraordinary milestone: the first anniversary of "The...
3 min read
Why Every Trader Needs a Trading Journal (10 Reasons)
It's easy to get discouraged by losses and question your every move. But what if there was a way to track your progress, learn from mistakes, and...