[Trading Psychology] A Commonly Disregarded Account Killer
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Today I want to share with you another practical aspect of trading psychology that often completely destroys accounts yet commonly gets disregarded. Now today’s message is directly related to yesterday’s, where I shared with you a valuable wisdom from one of my early mentors. Essentially it was that trading is tremendously competitive, basically everyone in the world against you, so …
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What To Do If You Feel ‘Unlucky’ In Your Trading
Do you ever feel ‘unlucky’ in your trading? Almost like the markets enjoy antagonizing you and watching you suffer? Do you ever get the feeling like your broker is secretly working against you? Or maybe when it comes to trading, the only luck you have is bad luck? Well don’t feel bad. You are NOT alone. You happen to be …
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Trading Psychology – Quotes From Thoreau To Inspire You
Brian here with some inspiration for you today. I know it’s been a while since you heard from me, and for that I apologize, but life has been VERY busy. Lots of change going on this year and it’s been keeping me quite occupied. I’m sure you know what I mean. For what reason I don’t know, quotes from Thoreau …
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Are You Trading Or Gambling? How to Tell And What to Do
I just received this question this morning from a client and it seemed worth sharing with you. “I keep hearing trading is just gambling. Any thoughts on that?” And here is my perspective, “If you are placing trades WITHOUT a properly formulated and measured system, you are gambling. Here’s why: gambling by definition means a game of chance. A proper …
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Your 2013 "Last-Minute Trading Readiness Checklist"
Are you ready to go for 2013? Do you have everything in place to make sure that 2013 is a highly-fruitful year? Here’s a quick checklist, just to help you make sure that you’re giving yourself every advantage Your 2013 Last-Minute Trading Readiness Checklist Motivation – to carry you through the year and all its challenges Carrots and sticks to …
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How to Get the Most Out of Your Trading System
There are two primary steps you must take to really get the most out of your trading system. After all, the reason that you entered trading is to make money, so it only makes sense to maximize the effectiveness of your trading system, right? The first thing you must do is to have a clear and written trading system, preferably …
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Trading Psychology – Fix the Real Problem, Don't Just Try To "Be More Disciplined"
Traders blame themselves all day long for not having the discipline to stick to their system. You’ve done it. I’ve done it. Everyone does it. Seems like a natural conclusion that if you’re not sticking to your system, and it’s just you, your system and the markets, then the problem must be you. Right? Can’t be the markets. Can’t be …
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Great News For Forex Traders Using Ninja Trader And Those That Would Like To
Have you ever been paid to ask a question? Well, my friend Adam Halpern is giving away $100 Gift Certificates to anyone who asks a question about Forex. This needs a little explanation. You probably already know you can now access THE premiere Forex broker, FXCM, through the NinjaTrader platform. But what you may not know, is how this partnership …
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