All traders are on borrowed time not knowing that there is a disaster waiting to happen. Unless a right step is taken to prevent the impending disaster, the situation will be a disaster. The primary goal of trading should be to diffuse the bomb before it explodes causing damages especially in a time based trading. [...]
Tag Archives: Mindset
Trading and Ego
June 24, 2009 – 7:16 pm
It’s a short odds bet that the loudest yell for foremost man / woman will arrive from the ego. Brushing aside sagacity and requests for enclosure alike, the ego will articulate his / her pre-eminence and seize control. Statistics that habitually substantiate that only 10-20% of traders are reliable net winners are music to the ego’s [...]
Trading Discipline – Do you Have It?
June 23, 2009 – 6:26 pm
Training anticipated creating a particular character or pattern of behavior. Controlled behavior ensuing from such training. A state of order based upon submission to rules and authority. To grow, we need to constantly confront with rules of one type or another. We need to receive rules in proper hygiene way, to address other people, to [...]
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