Being present in the moment is crucial for success in any endeavor, and trading is no exception. In the fast-paced and unpredictable world of financial markets, maintaining a state of presence can make all the difference between profitable decisions and costly mistakes. Presence in trading refers to the ability to fully engage with the present…
Trading, often glamorized for its potential profits, is equally known for its challenging nature, particularly when it comes to dealing with losses and losing streaks. The emotional roller coaster that follows a significant loss can be overwhelming and can lead traders down a path of impulsive decisions. However, recognizing that losses are a natural part…
Trading is often portrayed as an avenue to financial freedom and success, but it’s important to recognize that it’s not a path without obstacles. Engaging in trading, whether it’s stocks, forex, or cryptocurrencies, presents a myriad of challenges that can make it an incredibly demanding and complex endeavor. Here’s a closer look at some of…
Introduction In the dynamic world of financial markets, trading is an art that demands continuous learning and adaptation. While there are numerous resources available – from books to online forums – nothing compares to the immersive and transformative experience offered by the Live Traders Trading Mentorship. This annual event brings together aspiring and seasoned traders…
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When success starts knocking at your door, what do you do? Do you embrace it with open arms, relish it in the moment, and use it as a stepping stone to reach greater heights? Or do you let fear and doubt creep in, sabotaging your own progress and hindering your potential for growth? Let’s face…
Are you interested in becoming a master at trading? If so, there are a few things you need to keep in mind. First and foremost, it’s important to look at your charts in a new light. Instead of just seeing the green and red people on the charts, try to see them as the people…
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Share sizing is an essential aspect of trading that every trader should master to achieve success in the stock market. However, beginners often make the mistake of jumping into large share sizes without a proper understanding of the patterns or sufficient experience behind the chair. As Malcolm Gladwell said in his book, “The Tipping Point,”…
Feeling inspired is a great way to start any endeavor. It gives you the motivation to take the first step towards your goal. However, if you’re aiming for something significant, inspiration alone won’t cut it. If it were that easy, everyone would achieve their New Year’s resolutions, and trading wouldn’t be affected by Murphy’s Law….
A trading plan is a roadmap for traders that helps them stay on track when investing in different instruments in financial markets, such as stocks, or options. It outlines the goals, strategies, and risk management procedures to be followed to achieve profitable results in trading. The success of any trading plan depends not only on…
In this last installment of the Money Management series, we’ll discuss some of the policies in regards to the management of profits which you need to include in your management system. If risk management is paramount to a successful trader, profit management is no less so. After all, you can be very disciplined with your…
