You can trade part-time with only 30 minutes a day But if you don’t master discipline, you will not get consistent profits Here’s how to do it, using 6 lessons from Victor Sperandeo: 1/ The Boring Path to Trading Riches Routine breeds success in the chaotic world of markets – Set fixed hours for market analysis– Create a pre-trading checklist–…
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Trading is a skill anyone can learn. But 80% of traders give up too soon. Here are 9 mind-blowing success stories that’ll inspire you that you can become profitable trader: 1/ The accidental oil trader John Arnold stumbled into trading at 21, mastered it by 32He turned a temporary job into a billion-dollar career: – Learned on the job at…
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I’m a trader with 10+ years of experience. When I started, I wasted time focusing only on trading strategies and ignoring my psychology. Learn from my mistakes. Here are 7 trading psychology lessons from Michael Steinhardt I wish I knew when I began: 1/ The Emotional Tightrope Mastering emotions is the key to trading success – Recognize and manage fear and…
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Trading is rewarding. But 95% of traders don’t know how to manage their emotions. Here are 7 mental toughness tips to help you become a profitable trader: 1/ Your worst enemy wears your shoes Self-sabotage is the hidden killer of trading careers – Identify your self-defeating patterns– Challenge negative self-talk ruthlessly– Celebrate small wins to build confidence You’re playing against yourself.…
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You can place winning trades all day long. But if you don’t manage your risk properly, you will not achieve long-term profitability. Here’s how to protect your capital using 5 lessons from Larry Williams: 1/ The Invisible Shield of Trading Protecting your wealth is the key to longevity – Set dynamic stops tailored to each trade– Size positions based on…
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The cost of trading frustration is missed opportunities. Here is how to get over emotional trading (and not blow up your trading account): 1/ Embrace the suck Frustration is part of the game. Accept it, don’t fight it – Notice when you’re getting worked up– Take a deep breath, count to ten– Say “This too shall pass” out loud Reminder:…
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