Beginner traders often start trading on the exchange expecting fast and big money. They are blinded with glittering future (colourfully depicted in advertising booklets of brokers) and do not notice important and necessary things: discipline, absent-mindedness, psychology, lack of knowledge, etc. Or do not pay due attention to them. As a result – losses, nerves, […]
“Any man can make mistakes, but only an idiot persists in his errors” Marcus Tullius Cicero There are more and more people wishing to make money through exchange trading, however, only 23% of the traders achieve a positive result (average readings on American forex brokers for 2016). What are the reasons of such a disappointing […]
Losses are an integral part of trading. All traders heard the advice to exit loss-making trades as soon as possible and to stay in profit-making trades as long as possible. This advice is easy to make but difficult to implement in real life.
Futures trading always was a profitable business, even before exchanges emerged. The earliest mention of a futures operation can be found in Politics by Aristotle, written as early as in 335-322 BC. Aristotle narrates a story about a wise man from Miletus named Thales who pulled a clever trick.
What are options? How to trade them? What are advantages and disadvantages of option trading on an exchange? What are risks and benefits? This article, which is based on the knowledge of a trader with more than 20 years of exchange trading experience, will help you to find correct answers. First, let us figure out […]
“A person who can play the second fiddle could be a trader, but good students cannot play the second fiddle: you have to set a clear task to them” Nassim Taleb Unfortunately, the most sincere answer to the question “is it possible to learn trading from the scratch fast” is “no”. However, if we remove […]
The trader profession is extremely attractive and more and more people want to become traders. This is not surprising since professional traders make good money and are masters of their time.
“October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.” Mark Twain