If you have been trading for any length of time, you will have become aware of how important a right mindset is in order to achieve trading success. No trading book is complete without a chapter on psychology and how the emotions of ‘Fear’ and ’Greed’ influence trading. A lot of trading gurus and pundits […]
Tag: Trading
One of my long time colleagues and a mentor recently shared something very personal. He had invested in a property in London paying a staggering £650,000 for the one-bedroom flat. A similar sized property in Bristol (where I live) would be around £150,000. Why such a huge difference? Almost everyone would answer that with ‘it’s […]
Hello traders, I get hundreds of emails every week on trading. Most of them are from brokers, trading systems providers, signal providers and from education providers. A lot of them are a complete waste of time, but some do have insightful information that can help in your trading business or trigger a thought process that […]
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Trading and Gambling
Gambling draws a negative emotion and is considered an indulgence in most cultures. At best it is seen as a recreational activity. In gambling most of the time the odds are known and are decided by the market maker (or the house as often referred to). Statistically over a long period (i.e. extended run of […]