Many of us know that one of the greatest mistakes an investor/trader can make is risking too much capital in any one trade/investment. However, what should you do when it…
Reading central bank statements is valuable research. And not just the bullet points! For new traders, reading central bank statements brings you up to speed on global outlooks. Central banks…
Some sports punish you all the way for a bad shot. In tennis, a bad shot and you lose the point, no big deal. Lose the game, you can still…
Professional traders excel at anticipating a trade. As a result, professional traders are often in a trade earlier than retail traders. They predict a good run. In turn, the retail…
It is inevitable and unavoidable. Trading will involve losses. However, you can still lose more trades than you win and make money! Whilst it is necessary not to fear loss,…
Sometimes in life, we can be uncertain about a big decision. In those times, often the best thing to do is just wait until things become clearer. Likewise in trading,…
This is a very common mistake, an easy trap to fall into. You add even more to the losing position with the thinking that the original loss will be covered…
It is easy to do – to let a single trade turn into an investment. You see it as a trade that can’t fail, high convictions escalate into something even…
Trade on your own convictions Trading is like an individual sport. This is not your football team scenario where you are working together with others to get the decisive goal.…
One of the key skills to master in trading is how to differentiate short-term drivers from medium-term drivers. This is a skill that takes time and really requires a deep…