If you’d ask me to pick the #1 reason why a majority of new traders end up being shaken out sooner or later, I would point without hesitation at the compulsive need of wanting to be proven right. No contest. Nothing even comes close. A stubborn insistence on being proven right continues to wreak havoc on trading accounts all over the world year after year.
In the world of trading and financial blogs it’s easy to get overrun with useless and outright false information. Over the years I have had many brushes with the turbulent world of prop trading, so I can tell you some secrets that pros know and retail traders only wish they knew. Until now!
It’s a sunny 60F (15C) here in the upper regions of the Pyrenees with exactly zero possibility of a white Christmas. However that hasn’t kept Mrs. Evil and I from kicking our Christmas celebrations into high gear. Unfortunately Spain is one of the worst countries on the planet right after Indochina or the Sahara desert to observe Christmas. So as someone who grew up in beautiful and snowy Austria one has to go the extra mile to get into the spirit of things.
One thing all traders have in common is that we are all human. Which means we are all subject to the whims and flows of our emotions in our logical decision making process. If you think you are the one exception, think again. Let me explain.
In the world of trading and financial blogs it’s easy to get overrun with useless and outright false information.Over the years I have had many brushes with the turbulent world of prop trading, so I can tell you some secrets that pros know and retail traders only wish they knew. Until now!
If you’re trading correctly, sticking to your trading plan and following the black & white rules of your systems then life as a trader isn’t stressful. In fact, it’s actually kind of boring after you become good at it. And boring is the way it should be.
If you are using any modern trading platform such as ThinkOrSwim, TastyWorks, TradeStation, Etrade, Charles Schwab, Multicharts or NinjaTrader, they come loaded with HUNDREDS of built in indicators.
In the world of trading and financial blogs it’s easy to get overrun with useless and outright false information. Over the years I have had many brushes with the turbulent world of prop trading, so I can tell you some secrets that pros know and retail traders only wish they knew. Until now!
It’s quadruple witching week and we are heading into a veritable whirlwind of volatility in an already highly data dependent market. Let’s get you up to speed of what lies ahead:
In the world of trading and financial blogs it’s easy to get overrun with useless and outright false information. Over the years I have had many brushes with the turbulent world of prop trading, so I can tell you some secrets that pros know and retail traders only wish they knew. Until now!