What’s Up With Trading Psychology?

ICEBERG

Some I know, would wish that trading had nothing to do with emotions and trading psychology, but it does! To say that trading psychology is the end all problem facing every trader would not be true. But, with that said, it accounts for at least 50% of trading failures. You can know all the technical […]

How To Overcome Anxiety in Trading

ANXIETY

Have you ever been afraid to pull the trigger on a trade, or felt afraid to trade altogether? It’s called “trading anxiety” and it affects most traders at some point. Having a healthy respect for the market is one thing, but having fear related to our trading can cause bigger than life issues. At Trade […]

Watch Ethereum!

eth

  What About Ethereum (ETH) For many years, bitcoin was alone in terms of usable cryptocurrency for purchases of goods and services. Lately, there are other coins available and many investors are having a lot of success trading those coins. But, there are other reasons to use certain coins that go beyond buying and selling […]

Without a Plan, You’ll Be Sure To Hit It!

plan

The title of this blog is so true. If you do not have a plan for your trading business, you are flirting with business failure!  I speak from experience 10 years ago I set out to start my on trading business and I was so excited.  I had great experience because I had been in the […]

What Advantages Does a Trading Journal Offer?

Trading Journal Book Cover

As a trader, It’s very difficult if not impossible to know the bad habits you may be forming by NOT using a Trading Journal, such as: What patterns are hurting your trading performance? Are you making more money going long or short Are you letting your profits run? Are your stops too tight or too […]

9 Solid Rules For Trading Cryptocurrency!

crypto

Rule #1 Pay Attention to Bitcoin Most altcoins (every cryptocurrency except Bitcoin) are pegged more closely to Bitcoin than Asian currencies were to the USD during the Asian Financial Crisis.   If Bitcoin price pumps drastically, altcoins price can go down as people try to exit altcoins to ride the BTC profits; inversely, if Bitcoin […]

A PRESCRIPTION FOR A SUCCESSFUL TRADING BUSINESS

success

“If you’re new to trading, you probably just want to know how to hurry up and make money”.  But first, with the global environment we find ourselves in, we need to implement a few truths designed to help you achieve more crypto and forex trading success. Each of the guidelines listed below is important, but […]

4 Resets to Keeping a Healthy Mindset for Trading

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Resetting Your Trading Business We’ll take a look at what a trading mindset is all about and why it has such a large influence on your trading performance especially now that you’re back in the saddle. I probably don’t need to remind you that trading the financial markets can be a tough journey, especially if […]

EMOTIONAL Characteristics of Successful Traders

Lear Jet

Shared and Common Characteristics Sharp trading skills and a clearly-defined approach to trading can be compromised for long term trading success. But all the books, websites, and mentors in the world can’t overcome a bad attitude and mental roadblocks that undermine trading performance. This is why successful  traders share common psychological characteristics.  Let’s look at some […]

5 FOREX Trading Mistakes to Avoid!

five mistakes

AHH! The World of Trading Forex! Trading forex can be a rewarding and exciting challenge, but it can also be discouraging if you are not careful. Whether you’re new to forex trading or an experienced veteran, avoiding these 5 trading mistakes can help keep your trades on the right track. #1 Not Being Prepared Currency […]