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Hello Traders,
For 2015 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
Today I must share an observation that may help many of you.
So many times as a broker I see clients who know how to make money…I see it in the daily statements, good winning %, consistent profits UNTIL….something happens. Either the client who is normally a day-trader decides to carry his/hers losing position and make it into a swing trade…..OR the trader is down and refuses to accept the fact it may be a losing day and decides to double down and get more aggressive because if this trade is a winner he will have another winning day….the examples go on and no I am not referring to anyone specific although many of you probably think I am talking about them.
Continue reading “Trading Psychology from a Futures Broker 5.14.2015”