trading psychology

It has been said by many top traders that knowing where to exit a trade is the art of trading. I know several people who have tested random entries with good money management who have proven that you can earn profits with good exit strategies. Many traders have a good plan for their exit...

What is the ultimate level of success that you would like to realize as a trader? It is important to note that how you answer this question gives insight as to whether you will allow this level of success for yourself. Here are some examples of how you might approach this answer: · The sky is...

What is the ultimate level of success that you would like to realize as a trader? It is important to note that how you answer this question gives insight as to whether you will allow this level of success for yourself. Here are some examples of how you might approach this answer: · The sky is...

What goes through your mind when you are looking for an entry in the markets? The biggest problem for most traders is that they look at it from so many different angles that they talk themselves into a trade or they talk themselves out of a trade because they are not focused on their pre-determined...

Everything bad that has ever happened in our lives has a loss associated with it. This is why a loss in trading can be so painful. It is not only the loss that is immediately at hand, but it is also the accumulation of all the losses that are in a dark place in your neurology. In your life you...

What part of your trading needs improving in order for you to receive the greatest profit from your strategy? Most people spend an inordinate amount of time choosing an entry point, but if they focused their attention on money management, they would receive a greater reward from their trading...

In every performance based endeavor there is the chance that loss will occur. This is certainly true for those who are traders. In trading, it is more accurate to say when loss occurs, not that there is a chance that loss will occur. While a loss can feel devastating when it occurs, what you do...

Highly successful traders are, by definition, people who think and then act outside of the box for ways to conduct their lives and their businesses. As a unique class of individuals, they look for solutions to problems that are novel and off the beaten path. Robert Frost was not thinking about...

The stories you tell yourself during the day or when you sleep are a powerful driver towards the direction you want to go in life and will certainly influence your trading. These stories form your beliefs, your self-values and how other people view you. So why not change the stories to have happy...

Do you have a pattern of making money in the markets and then losing a great deal of those profits in one fell swoop? In my experience coaching traders for 21 years, this form of self-sabotage is from what I call repressed emotions. Repressed emotions result from events from the past where there...

By Adrienne Toghraie, Trader's Success Coach A question I was asked at the end of a webinar was, “Does it ever get easy?” Naturally, he was referring to trading. And the answer is a qualified, “YES.” For easy to happen you: *Must believe in your strategy *Must believe in yourself *Overcome self...

By Adrienne Toghraie, Trader's Success Coach A question I was asked at the end of a webinar was, “Does it ever get easy?” Naturally, he was referring to trading. And the answer is a qualified, “YES.” For easy to happen you: *Must believe in your strategy *Must believe in yourself *Overcome self...