Mark Douglas, author of the popular “Trading in the Zone” book, started his trading career in 1978. However, by 1981, he had lost all his capital, struggling with a lack of discipline and an unbalanced lifestyle. This painful experience was a turning point for him: he dedicated himself to understanding trading psychology, founded a company […]
A scam is an English slang term for fraud. It is widely used in trading to describe deceptive actions and suspicious products or services. The cryptocurrency sector is no exception. With the rise of internet technologies and the growing popularity of online investments, the threat of scams is constantly increasing. This is driven by the […]
Day trading futures is a promising way to earn money, accessible to anyone with a computer and an internet connection. At first glance, it might seem that the most important part of this process is the strategy, and while it does play a critically important role, the personal qualities of a beginner trader are just […]
In today’s financial markets and crypto trading, the term FOMO (Fear Of Missing Out) is becoming more common. This phenomenon greatly influences the behavior of traders and investors, pushing them to make impulsive decisions driven by emotions and the fear of missing potential profits. In this article, we will explain what FOMO is in trading, […]
The term smart money has become firmly established in the vocabulary of traders, but it can also be accompanied by some misunderstandings. This article will help eliminate them. Read more: Smart money in trading: what is it? How to spot traces of smart money on a chart Tip 1. Stay informed about the news Tip […]
Catching a falling knife is a term used to describe the situation when a trader is trying to buy an asset (a stock, futures or cryptocurrency) at the moment of its rapid price drop. Read more: What catching falling knives means in trading. Examples If the strategy of catching knives makes sense How to reduce […]
There is a term on the trader’s slang – FOBSO (Fear Of Being Stopped Out). In simple words it means the fear of activation of a stop loss. In this article we will speak about: why traders experience the stop loss fear; how to fight it; how to derive benefit in situations when others experience […]