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Browsing Category
Psychology
Psychology of trade profit targets
Closing the trade at the most favourable price level is equally as important as getting into the trade at the right time. In the end, the price level at which you get out of your position and exit the…
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How to Become a Professional Trader?
After learning more about the world of trading and getting real money from your trades, you might start thinking about becoming a professional trader. But what makes a professional trader? Well,…
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What is a Bear Market? A Complete Guide
Sometimes, during market cycles, the stock markets may plunge, and prices could fall. It may be for a short period of weeks or months, or even drag on for years. Is that a bear market? Depending on…
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Boring trading: reasons why your trading is not fun anymore
Sometimes you realize that you fell into a rut and your trading got boring. You've lost that passion and drive, you’re not excited like at the very beginning when you were making your first steps in…
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Behavioural Biases in Trading: How to Avoid Them
Financial economists like to believe investors make investment decisions based on the principles of rationality and optimising returns. However, in the real world, this simply isn’t true. The reality…
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How to set your financial goals and follow through with them
Want to set financial goals for 2021 but have trouble with achieving them? There is no actual formula to how you can make this happen, but there are certainly some tricks you can use to make sure your…
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How to Cope with Your First Failure on the Market
If you’ve suffered your first loss trading, you may feel like giving up. But, remember, this is a turning point for you and your trading journey. Stop now, and you will never feel the rush of victory!…
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Five Trading Myths You May Believe Are True but Aren’t
Want to know some truths about trading? Regrettably, the trading world is one of the spheres with many trading myths – things that sound like facts but are not. Whether you just started or are an…
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It’s all about your trading psychology
When you are getting ready to start your trading day, what is the first thing that comes to your mind? Are you thinking of different ways to minimize risk in the markets and increase your profits? …
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How to Practice Discipline in Trading
The success of trading depends on many different factors. They include not only theoretical savvy, understanding of fundamental and technical analysis, constant learning and gaining experience, but…
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