Trading Psychology
I am no expert in psychology. Just like all other traders, I went through all kinds of emotional troubles before finding my way to live with trading. Articles written on the subject are more personal experience than anything else.
I am a strong believer that by being knowledgeable enough in a subject (in this case trading), the emotional swings associated with the uncertainties will subside. The key here is not just knowledgeable in theory, but also fluent in applying the knowledge.
A good analogy is driving. You cannot drive a car by just learning it from a few video instruction sessions. You have to practice to get a feel how driving actually works. Better drivers do not necessarily driving cars many hours a day. It is the focus and the amount of time spent in fine tuning certain skills in driving that counts.
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What a Simple Bingo Game Can Teach Us?
Kids playing with a MMORPG (in case you do not know what that is - it is the kind of game Wikipedia founder Jimmy Wales played and probably obsessed with many years ago) found a mini-game within the game that essentially plays like bingo. Each play ...
Kids playing with a MMORPG (in case you do not know what that is - it is the kind of game Wikipedia founder Jimmy Wales played and probably obsessed with many years ago) found a mini-game within the game that essentially plays like bingo. Each play ...
What Is Day Trading Bias?
Many people wonder why I name my website DaytradingBias.com and not something else with a catchy phrase involving Emini S&P or Forex. First, I was not web savvy enough back then to recognize that it is better to name a site with a catchy phrase s ...
Many people wonder why I name my website DaytradingBias.com and not something else with a catchy phrase involving Emini S&P or Forex. First, I was not web savvy enough back then to recognize that it is better to name a site with a catchy phrase s ...
Writing Your First Trading Plan
One cornerstone in achieving trading success is the completion of your trading plan. I am not talking about a vague idea you have in place on how you engage the market. I am talking about a solid written plan that describe all aspects of your trading ...
One cornerstone in achieving trading success is the completion of your trading plan. I am not talking about a vague idea you have in place on how you engage the market. I am talking about a solid written plan that describe all aspects of your trading ...
WTF "van Gogh" Platinum Card ...
Sometimes cultural clash can be quite absurd. I just learned that in Asia there is this credit card named "van Gogh" Platinum Card and a financial institution offering the "van Gogh" money management service ... I understand if ...
Sometimes cultural clash can be quite absurd. I just learned that in Asia there is this credit card named "van Gogh" Platinum Card and a financial institution offering the "van Gogh" money management service ... I understand if ...
