Tag Archive for: Trading psychology

10 secrets of successful traders. Part 2.

Dear Friends! Today we continue our story about secrets of successful traders, which we started in the first part of the article. When coming to the Forex, futures or stock market, beginner traders focus on the search for an efficient trading strategy and development of skills of its application. This is quite natural. However, are […]

5 failures and 5 successes. The story of a real trader.

5 failures and 5 successes. The story of a real trader.

Hello. My name is Julia. I am from Saint-Petersburg. My trading experience is 3 years. I do the positional and intraday trading on the Moscow Exchange. In this autobiographical article I will tell you how I became a trader. I will split my story into: failures – a description of mistakes. Each failure contains a […]

How to become an intraday trader three steps for a beginner

How to become an intraday trader: three steps for a beginner

Intraday trading is one of the most popular types of trading, where a trader opens and closes trades within one trading day. Thus, a trader controls his open positions within the intraday trading strategy and doesn’t transfer trades to the next day. Traders actively apply intraday trading in the Forex currency, futures and stock markets.

What common is between trading and chess playing

What common is between trading and chess playing

Trading is a business, science and game. This activity is multifaceted and, as well as any other money making activity, should be viewed from different angles for deeper understanding of what you do. Today we will consider trading from the chess point of view. It might seem that it is not correct to compare these […]

9 popular beginner trader mistakes

“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 […]

HOW TO MAKE MONEY ON THE ONLINE EXCHANGE EVERY DAY

HOW TO MAKE MONEY ON THE ONLINE EXCHANGE EVERY DAY

From interview with a trader: – How did you achieve such a success? You have USD 100 thousand after a month of trading! – Nothing special. I opened a deposit on one million a month ago …