It is said that trading is only 10% methodology and 90% psychology. While 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.…
Now let’s be honest here – how many of you are really focused when trading the markets? …..
I don’t just mean working in silence with the phone switched off – although that’s great!, but more to do with establishing good habits into your trading routine.
I have had quite a few emails over the past few days from struggling traders and the answer always comes down to a few basic principles which I will cover in this article. Many traders think that if only they had a better strategy or could lay their hands on some secret Holy Grail, it would…
It is a common and unfortunate fact that 90% of traders fail. Unlike other professions where the student is guided through a clear learning path to a glittering career, the road to trading success is paved with pitfalls and dead ends. An entire industry has sprung up to provide trading education; books, courses, chatrooms, webinars……