Category : Long Posts

Long Posts

Stoicism Series 5-5: How To Be A Stoic Trader In 6 Steps

How To Be A Stoic Trader In 6 Steps

So in the previous posts, I shared some quotes from some of Stoicism’s major leaders – Marcus Aurelius, Epictetus, and Seneca.

If you don’t know what stoicism is, and if you want to know who these people were, check out part 1 of this 5 part series of articles: What Is Stoicism And How It Can Help You Become A Better Trader

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Long Posts

Stoicism Series 1-5: What Is Stoicism And How It Can Help You Become A Better Trader

Luck is what happens when preparation meets opportunity. ~ Seneca

First of all, I want to say this: When people usually think of “philosophy,” they think talking or lecturing, or even reading long, dense books… So their eyes glaze over. It’s the last thing they want, let alone something they need. Especially not in trading.

But this is naive.

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Long Posts

The Day I Learned To Trade

All of men's miseries stem from not being able to sit alone in a quiet room ~ Blaise Pascal

I’ve been trading since 2006. For A Living! Not as a hobby…

The implications are very different. The inner battles (at least their intensity) are not the same. Definitely not!

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Long Posts

14 Qualities Good Traders Have That Most People Don’t Get

How you trade reveals what you think of yourself and how you live your life.

Being a good trader is about developing certain mental qualities. It is the process of constantly pushing yourself to grow stronger and better.

A profitable trader is not necessarily a good trader. Likewise, a good trader is also not necessarily a profitable one, yet a good trader ultimately finds himself with a much higher probability of being profitable/ of finding success in the long run.

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Long Posts

25 Insightful Quotes From Rich Dad, Poor Dad by Robert T. Kiyosaki

“It’s not how much money you make. It’s how much money you keep.”  ― Robert T. Kiyosaki, Rich Dad, Poor Dad

Last month I just re-read Robert T. Kiyosaki’s classic book, Rich Dad, Poor Dad. This is a book I strongly suggest you read for its unique depth, especially when it comes to wealth building, money management, and attitude towards money in general.

In this post, I’m sharing with you 25 inspiring and lesser known quotes I found in the book that will help you gain insight into the way you think about wealth creation.

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Long Posts

The Best Skill Traders Need To Cultivate Right Now

Concentration and emotional regulation is a foundational skill of the pro-trader and a training which should improve this faculty would be the education par excellence

90% of you will read the title of this post, and think you’ve figured out the content.

55% will read the blog post for 15 seconds or less.

Only about 10% will read it thoroughly.

A recent study confirmed this.

But what’s at play here?

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Long Posts

How I Became Consistent In Forex…

Trading is all about accepting losses...

This is a guest post by  tradersreality.com

Consistency is the one skill that every aspiring trader desires to achieve. It is also the most difficult to master. However, with the correct tools and knowledge, anyone can enter the arena of trading and succeed.

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Long Posts

The Truth About Willpower Revealed *Hint- Alone It Won’t Make You A Profitable Trader*

Studies show that we’re fighting urges every second of every moment. And approximately half of the time we're losing the battle.

Let’s say you enter a trade, and minutes later, your stop-loss is close to being triggered. There are many things happening in your mind at that very moment.

Part of you knows you shouldn’t remove the stop-loss (that’s the more rational part of your mind), but there’s another part urging you to remove it – A.K.A the impulsive part of your mind.

The reason you end up removing the stop-loss is that you’re relying on willpower to save your butt.

But as we’ll see, this doesn’t work so well.

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