The Over-Trading Problem

The two most common and significant trading mistakes are:

  1. Trading too often
  2. Trading too large

Put together, these over-trading tendencies account for the majority of losses among retail traders.

So why do so many people fall into this […]

By |2019-02-15T10:07:59+00:00February 15th, 2019|Philosophy|3 Comments

Trader Cargo Cults

During World War II, the U.S. Military stationed forces on some islands in the Pacific ocean. They kept military equipment and supplies on these islands, and built makeshift runways for planes to land and take off.

Interestingly, the military personnel found […]

By |2019-02-13T09:21:34+00:00February 13th, 2019|General, Philosophy|1 Comment

Trading Complexity

Here’s a myth you see almost everywhere online: Successful trading is simple.

The truth is, it’s not. That’s just a marketing angle.

If trading was simple, anyone can just pick up a book, follow what it says, and become a winning trader.

But […]

By |2019-02-10T07:34:35+00:00February 10th, 2019|General, Philosophy|8 Comments

Get Over Yourself

Throughout our lives, we’re constantly told to be “true to yourself”.

This is the kind of advice everyone likes to hear, because it makes us feel good. No one likes to be told to be less of ourselves.

Unfortunately, this is also […]

By |2019-02-09T07:25:13+00:00February 9th, 2019|General, Mindset, Philosophy|3 Comments

5 Stages of Forex Mastery

There are, generally speaking, 5 distinct stages of progression among Forex traders.

Each stage centers around a certain set of beliefs, and as the trader grows, he sheds them and gains new ones that propel him forward.

Here are the 5 stages, […]

By |2019-02-06T06:35:27+00:00February 6th, 2019|Philosophy|4 Comments