False motivation holds back your progress in trading

Do you know what many people are very good at? They are good at idle talks! They often speak about their plans and about some business they want to do. And, what is interesting, they could be very convincing when they do it. Do you know what many people are not so good at? They […]

Violation of discipline in trading reason or consequence

Violation of discipline in trading: reason or consequence?

Usually, traders connect losing money in the market with a lack of discipline. However, not many people try to analyze the reasons which provoke insufficiency of consistency in making trading decisions. In fact, absence of discipline is just a consequence rather than reason. In the present article, we will try to analyze the main factors […]

6 simple ways to avoid overtrading

Is Trading Psychology The Decisive Factor

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 […]

Do you still consider trading as a hobby?

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

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 […]