Trader A has a preferred trading style. It might be a momentum style. it might be a directional style. It’s a style that fits Trader A’s personality and that has made money in the past, so Trader A sticks to that style. In sticking to what fits his or her
Growing as a trader means getting deeper in the river, one foot at a time. Deeper means building new strategies and finding new sources of edge in markets. Deeper means expanding risk taking with existing, proven sources of profitability. As a trader, you want to grow, and you want to
A surprising amount of poor trading comes from trading our egos, not from actually trading markets.When we focus on predicting market moves and trading our views with conviction, trading rapidly becomes a game of the ego.When we declare that we have a certain trading “style” and we wait for market
we have seen traders succeed in very different markets, over very different time frames, and with very different strategies. Here are common elements among the most successful traders
1) Capacity for Sustained Focus – Quite simply, the successful ones process more information–and sustain the search for unique information–better than their