As new traders begin their trading journey, they run up against four key problems.
New and/or struggling traders like to make trading a right or wrong endeavour. The moment they place their trade, they do it with an expectation to win, which naturally entails being disappointed if they lose.
Have you ever heard of Murphy’s Law? It’s a popular adage that states that things will go wrong in any given situation if you give them a chance. And it’s more commonly expressed as follows: “Whatever can go wrong, will go wrong.”
This blog has been a way for me to share the many lessons I have learned about habits, beliefs, behavior, mindfulness, philosophy, motivation… all of which are important matters in trading.
If you’re a trader (or an aspiring trader) and you’re not on Twitter, you’re seriously missing out.
We get tons of training in thinking and problem solving, but we rarely if ever get any training in awareness. Yet, awareness is often the prelude to any solution to our inability to be and stay consistent in trading.