Although at times trading can seem like banging one’s head against a wall, there is light at the end of the tunnel. There are traders – some legendary and some unheard of – that extract money out of the markets on a consistent basis. So the question is what can we learn from these individuals? … Continue reading What can we learn from Successful Traders?
Did you know that the US employment report is one of – if not the – most eagerly awaited news releases on the economy? The investment community, as well as the Federal Reserve, are paying close attention to its figures due to household spending accounting for more than a whopping two-thirds of the economy’s total output. Why … Continue reading A look at the US employment situation report
The majority of traders seem obsessed with carving out a flawless trading method, often mistakenly overlooking the significance of money management. Whilst it is strongly agreed that a well-rounded trading strategy is vital to success, money management can also be your silent ally. Working quietly behind the scenes, the applied money-management strategy serves to regulate … Continue reading Approaching money management
Frustrated with losses? Continuously looking to alter your method? If so, the following article may help. What is risk/reward? Risk is the amount of capital that one could potentially lose. Reward is the profit that one could potentially gain. Risk/reward is expressed as a ratio, and refers to the amount of profit we expect to gain … Continue reading Risk/reward ratio
‘You become what you think about all day long’ ― Ralph Waldo Emerson Our thoughts have an immense effect on what paths we take in life. Talk to any coach, mentor or motivational speaker and they will very likely embrace and support positive affirmations. Think about it. If your mind’s narrative is constantly driven by negative … Continue reading 5 key trading affirmations to help keep your mind sharp