Why Reading Candle Bars Can Hinder Your Trading

One common mistake that traders make is to place too much emphasis on reading individual candle bars. The problem with relying on individual candles or groups of candles is the market will play psychological tricks with your mind and often cause you to change your trading plan; whether that be exiting a trade prematurely, entering a trade too early or passing on a…

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Trading Psychology 101

It is said that trading is only 10% methodology and 90% psychology. Whilst the figures are debatable, I do agree that trading is more about psychology than anything else. The thing about trading is that normal human behaviour has to be turned on it’s head – and this is a huge paradigm shift for most people.…

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