The start of a New Year and resolutions are often part of conversations that I have with fellow traders. If they have had a difficult trading year, they want to get January off to a better start. Attending to their psychology is one way to make improvements in their trading. My goal in this three...
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Trading Psychology – Mind Matters When Investing
The edge that separates wealthy investors from failed ones is their mental approach to the markets. Trading psychology is extremely important, and the reason is fairly simple: A trader entering and exiting positions must make quick decisions. They need a certain presence of mind, so they stick with previously established plans and know when to...
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