In this short post, I’d like to talk about FOMO, an acronym for fear of missing out. What are the physical and psychological implications of FOMO? And how can you think clearly in the very midst of it? To answer these questions, we must first look at what emotions are. In truth, experts have a hard time reaching
There are many reasons why traders have a hard time staying profitable in the market. I’ve explored many of those reasons in-depth on this blog. But as of yet, I haven’t talked about our habit of measuring and comparing ourselves (and our lives) to others. So, let’s talk about that… Comparison–it’s so easy to slip into that
We all know that working on our trading mindset will make us better traders, but where to start? Developing a calm confident interaction with the market is usually the result of a lot of work over a long period of time. Add this to the fact that a lot of advice on trading psychology is frustratingly
The market likes to throw chaos our way. Uncertainty is its nature. Even with routines, systems, and processes that are supposed to make things a little more peaceful, organized, and predictable, sometimes, the market will do the unexpected–like gapping well below our stop, reversing course just when it’s about to hit our target price, handing us
Today I want to talk a little bit about intuition or gut instinct and how to test yours and improve it. This short post is particularly relevant for discretionary traders, but I’m sure systematic traders will also find it to be a worthy read. For starters, what is intuition? Simply put, intuition is knowing something without knowing exactly
In 2005, I was hanging out at a trading and investing club in Paris, France. There, I met a very successful trader named Francois. Back then, I wasn’t trading full time yet, I was just dabbling, and unbeknownst to me, Francois tried to pass on a lot of his knowledge and experience to me, especially about