A trading plan shapes every decision you make in the markets. You might wonder about the point of writing everything down when you could keep it all in your head. The reality hits when emotions run high during market volatility – your clear thinking turns cloudy, and those mental rules fade away. Ask any successful…
Isn’t it fascinating how trust plays a pivotal role in various aspects of life, including trading? Many of us have spent countless hours backtesting trading strategies, only to discover that they actually work. Allow me to share a story which illustrates a relevant point. I once knew an individual who was highly skilled at technical…
Trading psychology is an important yet often overlooked aspect of trading. It is a field of study that focuses on how traders think, act, and react in the markets. It is a combination of cognitive science, psychology, and economics. Trading psychology seeks to understand why traders make the decisions they do, and how this knowledge…
