When a trader has a proven methodology or consistently creates results better than 55% win/loss ratio and they still don’t end up in the black at the end of the month, it’s never about their trading. The problem is not the problem, you need to find out what is the driving force behind the problem….
Category: Trading Performance and Psychology
Jan 18
Some Keanu Reeves Wisdom
Keanu Reeves writes.. “My friend’s mom has eaten healthy all her life. Never ever consumed alcohol or any “bad” food, exercised every day, very limber, very active, took all supplements suggested by her doctor, never went in the sun without sunscreen and when she did it was for as short a period as possible- so …
Jan 17
Is it a good thing to think those thoughts you are thinking?
Most traders don’t think through their entries enough and think too much whether to get out of a trade or not… Try it the other way around and see your results improving :-p
Dec 29
Procrastination and trading
Don’t overthink your losses. There is one correlation that seems to be a common trait with most successful traders: the less a trader thinks, the more profitable they are. What I found with struggling traders is that, when a trader is in a loss position they start arguing with themselves that they should get out, …
Dec 28
How to Stop That Little Voice Arguing
I once had a long conversation with a professional athlete on what makes him so successful. We also spoke about how he manages to get out of bed at 4.30 am every morning. And he told me that he just doesn’t get into arguments with himself in his head. He just doesn’t go there. As …