Posts Tagged trading psychology
I've heard that you don't do yourself any favours if you think too much about a position when trading. In fact, there was something that the more academic a person is, the more they have to justify their decision before making the trade.. in the fast move world of trading, by the time your neurons have worked out what to do, the market has already moved and along that, the opportunity.
My trade set up today was a long if the GBPUSD went above 15287. The usual limit with this breakout trade is
April 9, 2010
No Comments Full Story
I have been thinking about trading and athletes. The best in both fields have trained themselves to the highest standards... with athletes, this obviously means regularly training intervals and lots of lots of repetition through working their bodies through motions to help their mind and body connect.
Trading is the same.. you need to have experienced and trained yourself. I mention training oneself since I am a self taught trader, I am not an institutional trader.
This means that when I'm
January 15, 2010
No Comments Full Story
Sorry I haven't been updating the blog for a while but everything has been really hectic! I am getting married very soon and have a lot of wedding preparations. In addition, work has taken over the rest of my waking time. I was doing extremely well trading the Forex markets and then, a glut... my trades were rubbish and I was losing money. From a 11 trade winning streak to a good run of losses... what was going on?
I search high and low for an answer, I look at myself to see what was going on
July 27, 2009
No Comments Full Story
« Older Entries
Newer Entries »
