Is Trading Psychology The Decisive Factor?

Many intraday traders think that the idea of trading lies in trading indicators, stock screeners and economic reports data. They rarely think about other important trading factors. Operation of the human brain stays unnoticeable in the majority of cases until we pay focused attention to it. You will learn from this article what role the […]

Is the discipline in trading the main secret of success?

Usually traders start to lose money when they stop following their own trading plans. When the market behaviour changes and it starts, for example, move fast, the traders who slowly react to such changes fall into despair and start to open trades disorderly. Absence of discipline and self-control in such a situation results in catastrophic […]

6 important qualities of an intraday trader

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 principles of conscious trading

3 principles of conscious trading

Until recently, meditation has been considered to be something esoteric. Nothing convinces people stronger than the social proof and science. A large amount of scientific research about the beneficial impact of meditation on a human being and appearance of a large number of famous and bright personalities of modern times, who praised this practice, resulted […]

3 ways to control your emotions in trading

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

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 […]