Tag Archive for: Trader mistakes
6 important qualities of an intraday trader
It is not sufficient for successful intraday trading just to develop a trading system and start applying it in practice. In fact, it’s not all that simple. Professional traders constantly develop certain qualities for efficient use of trading methods under different market conditions. Beginner traders would hardly possess all necessary personal qualities. Successful trading envisages […]
3 ways to control your emotions in trading
Emotions can both help you and hurt you. This is especially true in respect of traders and how they cope with emotional aspects of trading. In our childhood and juvenility we develop certain reactions to our emotions and try to control them. We learn from our parents, teachers, peers and cult figures through observation and […]
Stop thinking about money if you want to make money in trading
It is obvious that the majority of people come into trading to make money, live in accordance with their preferences and choices and enjoy freedom, which it provides. The most frequent reason why people go in for trading is their wish to improve their well-being. There is nothing bad in it since this goal is […]
How not to lose more after a super-profitable trade?
It is not very difficult to execute a profitable trade in the Forex, futures or stock market. The chance of it equals 50%, which is quite favourable for a probability to make a profit. The really difficult part is to save the received profit. How many times after receiving a big profit did you lose […]
Three worst periods of time for trading
Everyone wants to know at what price it makes sense to buy or sell one or another financial instrument whether it is a currency pair in the Forex market, a futures contract on a commodity exchange or stocks in the stock market. The truth is that the trading is both understanding the moments when you […]