I recently came across this article from Brent Steenbarger. Give it a quick read.“The Real Way to Learn Trading” https://traderfeed.blogspot.com/2018/10/the-real-way-to-learn-trading.html The following paragraph is the one I want you to focus on:“The more advanced phase of learning occurs when the medical student becomes a resident physician and participates in the teaching of new students. We…
Observing the dedication sports enthusiasts pour into tracking statistics and analyzing every detail of their favorite games is truly remarkable. Whether it’s shooting percentages, completion rates, or yards per carry, sports aficionados can rattle off intricate details about players and teams effortlessly. Yet, when these same individuals turn to their trading endeavors, a surprising knowledge…
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A common frustration among traders echoes a familiar sentiment: “I move my stop to breakeven too soon, and then the market turns against me. What am I missing?” This phenomenon, often dubbed “Moving Stops Too Soon,” is a challenge that many traders face, especially when attempting to safeguard gains in the midst of market fluctuations….
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Trading, often perceived as a path to quick riches, is a labyrinth of challenges and complexities. In this article, we’ll navigate through the misconceptions surrounding the trading journey, emphasizing the importance of patience, realistic expectations, and the time it takes to master this intricate craft. The Rome Analogy: Why Trading Is a Long-Term Endeavor Rome…
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I’d like to share something important with all of you, but before I do, let me ask you a question: How do you feel about uncertainty? What emotions does it stir within you? When you contemplate uncertainty, what thoughts and feelings arise? When i got into Trading, I immersed myself in studying patterns, honed my…
Setting goals is an essential part of personal and professional growth, yet many of us find ourselves consistently falling short of achieving our goals. We create New Year’s resolutions, set ambitious targets, and dream big, only to later realize that our goals remain under achieved. In this article, I’ll delve into the common reasons why…
Executive Summary This expanded report provides an in-depth analysis of the ongoing artificial intelligence (AI) revolution with a spotlight on Tesla, Inc.’s ($TSLA) role as a pivotal force. As AI becomes increasingly integrated into the global economy, Tesla is leveraging its expertise to lead the charge. This document explores how AI, spearheaded by Tesla’s initiatives,…
Consider this analogy: Lions are known for their incredible strength and hunting prowess, yet they aren’t the swiftest of creatures. Unlike leopards, which can reach speeds of up to 60 miles per hour, lions rely on their power and teamwork for successful hunting. They employ a patient strategy, waiting in ambush for the slowest and…
Volume analysis is a crucial part of technical analysis, it provides valuable insights into market behavior and price movements. Most of you are probably aware of the basics but just in case we have some newbies let’s start at square one. Volume refers to the total number of shares or contracts (for options) traded in…
Negative thoughts not only hinder your growth as a trader, but they also hinder you in your everyday life. In this article I want to remind you of some techniques you can use to help clear negative thoughts from your mind and to allow you to learn and grow as both a human being and…
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