Category Archive: Trading Psychology

Feb 02

If You Had To Choose A Trading Skill….

optimism vs pessimism

What would it be? Great technical analysis skills?  The ability to take small losses?  Better insight into your trading psyche? While all these skills would be great,  personally I believe there is one ‘skill’ that successful traders possess that underpins all the others. Without this one attribute, longevity in the markets is pretty much a …

Continue reading »

Jan 31

My Top 10 Favourite Self-Destructive Trading Thoughts

Finally – after weeks of hand cramps, crossed eyes and other nerd-induced unattractiveness, my testing is complete. I’ve finally finished manually testing the FX 1H method I developed, and on Monday I started trading it live.  I really enjoyed testing it – the method made sense to me, gave me clear entries and exits with …

Continue reading »

Jan 27

The Impact Of Fear

Fear is probably one of the most crippling emotions a trader can have. It has the ability to over-ride our in-built fight or flight reflex, and paralyse us like a deer in the headlights. This frozen, paralysed state is probably the most harmful state a trader can find themselves in, because rather than panicking out …

Continue reading »

Jan 26

How Brain-Lag Can Wreck Your Trading

I find brains fascinating. Gross, when you think about them in a human biology way, and grosser still when you consider them in a culinary context, but infinitely interesting when it comes to the way they work and what they actually do when they aren’t being eaten. Traders have to be interested in their brains. …

Continue reading »

Jan 24

Trading Hurdles

You’ve heard it said before that “Trading is not a sprint, it’s a marathon”. Since it seems to be the done thing to compare trading to a running race, I’m going to jump on the bandwagon. And mess it up a little. While trading certainly isn’t a sprint, it’s not really a marathon either. Marathons …

Continue reading »

Jan 24

Why Trading is Like The World of Warcraft.

In which Rogue Traderette lines up to see Santa. When people first sign up for the whole trading gig, they usually front up with a wish list.   Like a kid coming to Santa, it is dotted with our most far-fetched, wildest dreams,  then padded out with a few smaller (but still important) stocking fillers. …

Continue reading »

Jan 24

Mid-Week Charts, As Promised

It’s amazing what a couple of days can do, isn’t it?  I had loads of stocks come up in my scan this morning – obviously not all of them were ideal for my style of trading but I’ve got a few to share that look the goods. Due to risk restrictions on my portfolio, I …

Continue reading »

Apr 02

How Dennis Rodman Can Improve Your Discipline

When I was in high school I had a friend who decided she’d like to be blonde. She had sort of medium brown hair, and was totally aiming for vixen. Unfortunately for her she was the first one in our group to get her drivers licence and a proper job, and as such she was …

Continue reading »

Mar 12

I am Not a Trading Fairy.

In Which Rogue Traderette Dispels a Popular Myth It shouldn’t amaze me, but it does. I get emails regularly that go along the lines of  – “Teach me to trade!”, or “I want to be a full-time trader, what do I need to do?” Which is cool – I love getting emails. But what isn’t …

Continue reading »

Mar 09

When You’re Trading Like a Toilet.

Sometimes, things just turn to poo. One minute, things are perfect and going great guns, the next – it’s poo. For me, it looks like this – months of regular profits, disciplined trading, happy girl. Then happy girl, disciplined trading, regular losses, not-so-happy girl, more losses, undisciplined trading, only losses. See – it doesn’t take …

Continue reading »

Older posts «