Avoid loses trading marketsAvoid loses trading marketsFear is a powerful, unpleasant feeling of risk or danger, either real or imagined. I am convinced that it is necessary to...
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Thought about Cad/Jpy for today
2008-06-03 10:30:00 Cad/Jpy does look like a short term sell around 104.50-70 areas. It should find support arnd 103.40-50 areas …if this region is penetrated well we can see a move to 102.45-50 areas. Meantime these resistance (102.45-50) should eventually hold. More About: General , Today , Thought
Trading with Post Traumatic Disorder Self-Test
2008-06-02 13:56:00 If you suspect that you may suffer in your trading style from Post -Traumatic Stress Disorder (PTSD), complete the self-test form, by printing the text out. Simply circle either yes or no in answer to the questions. Once completed, show the results to your Doctor. Post Traumatic Disorder Self-Test Yes No Have you experienced or witnessed a life-threatening ... More About: General , Trading , Psychology
Do you trade to make money or to maximize profit?
2008-05-20 16:07:00 Do you trade to: make money or to make maximum profit? Interesting. After a lot of discussions about this topic my friends answered, its 2:1 in favor of making money vs. maximizing profit. I think the responses reveal a mental status not oriented to win by default. So, who will explain all the fierce discussions regarding “superior” trading styles ... More About: Money , General , Make Money , Profit , Trade
The Fair Value of The Euro
2008-04-24 09:49:00 As a trader I think that Fair value for the Euro is 1.15/1.20! We been under value at 0.82 on October, 2001, and now over value at 1.60. the balance line is 1.17. That’s make the euro over value by 25% against the dollar. While the dollar at fair value against most asia ccys. Asian currencies have been ... More About: General
Five Tips for Overcoming Your Forex Anxiety
2008-04-20 17:50:00 Whether you are just starting out or have recently experienced a major loss, Forex trading fears can strike the best of us. While it is healthy to reserve some caution when making any kind of investment, true fear can cause you to pass up some lucrative moneymaking opportunities. Below are five ways to overcome your ... More About: General , Tips , Psychology , Anxiety
Market thoughts
2008-03-05 17:10:00 Trading forex can give you wealth beyond your imagination… Just look around you… Don’t give up …riches are just around the corner …keep on fighting. …until your last fricken breath you take… first you gotta believe it…then imagine it…then put it into action…place greed first…I simply adore all of you… More About: Market , General , Thoughts , Psychology
Options trading with oexoptions
2008-02-28 23:26:00 Good online stock option trading information is hard to find. The traders at OEX started trading QQQQ, e-minis, the S and P 500, and day trading options. They are successfully been trading just the S and P 100 index, the OEX, for many years. Indicators used: ADX, DMI, Chaikins Money Flow, Wyckoff, candlestick ... More About: General , Trading , Options , Options Trading
4 Foreign Forex Terms (Helpfully Translated from ?Fed-Speak? into English)
2008-02-28 09:39:00 4 Foreign Forex Terms (Helpfully Translated from ?Fed-Speak? into English ) When Ben Bernanke, the current Chairman of the US Federal Reserve Bank, makes a statement on behalf of the Fed, it often seems as if he is speaking a foreign tongue. In fact, he learned this language at the knee of one of its creators, ... More About: General , Psychology
Anything is possible in Forex
2008-01-21 13:36:00 Forex is all about how to hit the next ball correctly rather than worrying about something of a distant future. The next ball may be for 2 pips or 20 pips or 200 pips or 500 pips depending on a trader?s style. Anything is possible in Forex. I am useless as a daytrader. Corrections may take days ... More About: General , Forex , Psychology
Closing my winners too soon
2008-01-10 05:17:00 I had a problem - closing my winners too soon. The problem here is that you are trading the “price” and not “order flow“. I actually had the same problem, and after some mentorship, i learned that i was trading the “price”and not the “order flow”. You are exiting positions simply because of a price/target ... More About: General , Winners , Psychology
The Effort Effect
2007-12-07 17:35:00 Great article. This is the paragraph that caught my attention: “Cloninger has trained rats and mice in mazes to have persistence by carefully not rewarding them when they get to the finish. ?The key is intermittent reinforcement,? says Cloninger. The brain has to learn that frustrating spells can be worked through. A person who grows up ... More About: Effect
Football1×2 - Real Excitement playing Virtual Football
2007-11-22 17:57:00 I`ve decided to write couple words regarding one interestig site - Football 1×2 Ltd? Football1×2 is a virtual fantasy football game that simulates a season every hour. You can play for fun(monthly prize of up to £250) or gamble for real money. There are over 50 leagues representing most countries around the world. The game simulates a, ... More About: General , Virtual , Real , Excitement
Switch to cheap electricity
2007-11-10 22:25:00 Turning Energy Into Income If you want to work all your life - that`s your business. A couple of thing only are more important to your family than your electricity service. You can’t afford to compromise on a very basic need ? that when you flip the switch, the lights come on. So while you may ... More About: Electricity , General , Switch , Cheap
About Prime Brokerage
2007-11-10 14:51:00 Prime brokerage is here to help you and will facilitate the clearance and settlement of securities traded by active market participants. Prime brokerage involves correlation between Customer (institutional or individual) - Executing Broker (executing the trade) - Prime Broker (settles, clears, and finances the customer trades executed by one or more executing brokers). Prime Brokerage ... More About: General , Prime
What is a trend?
2007-07-02 20:11:00 What is a trend? wikipedia: Market trends reflect the general direction of prices or rates in financial markets.[1] Participants in a given market use price charts to observe these trends, and to identify investment and trading opportunities. …have been searching far and wide for a book, site, page, trader who can define a trend. Nothing and none have ... More About: Trend
Trading is a psycho-social experiment
2007-06-28 17:08:00 We here are engaged in a grand psycho-social experiment. Traders, once a gregarious genus, fragmented into proto-individuality with the maturation of on-line trading. They reverted from a semiblance of pre-civilized tribal unity to the primal instinct to kill or be killed, to eat or be eaten. What are the impacts on libido, aggression, religion, ego, ... More About: Social , Psycho , Trading , Experiment , Psych
May 2007 YEN biggest questions
2007-05-16 11:53:00 Actual questions starting from ~ May 3rd, 2007 Q: When this usd/jpy will stop pimping above 120? When eur/jpy and gbp/jpy will drop? A: When the LAST BRAVE SHORT GIVES UP! More About: Questions , Quest , May 2007
Anxiety and future in the traders life
2007-05-12 18:29:00 Anxiety is a future oriented emotion. You never will get anxious about events that have already occurred. Suppose we had been anxious about a trade but now it’s over with profit hit or stopped out. We no longer feel anxiety - only feel nothing, or satisfaction, or remorse, or disappointment, or sorrow, or some other ... More About: Life , Future , Traders , Anxiety
Self is the toughest obstacle to overcome in trading
2007-05-11 14:26:00 Trading is about you. Your attitude towards the market and it is more valuable than any hyped system available these days. A system can be a compliment but can never be enough to trade the market successfully. Take a deeper look and contemplate. We are not trading against the market but with ourselves. This would lead ... More About: Trading , Over , Come , Tough , Overcome
Losing streaks
2007-05-07 12:31:00 A boring day today and I want to write down few lines about losing trades and losing streaks. In fact, actual for me is ?last trade of the week? syndrome (my term). It is happening to me from time to time, after a succesfull week ? last trade, usualy on Friday is a losing one; ... More About: Sing
Reading market related forums. Why?
2007-05-01 00:25:00 The hypotheses are as follow: I. Exchange of market related information. (Learning?) - Is a community where posters choose to come and go. Psychological ideas, techniques of relevancies, and student/teacher style advice are some of them. - Looking for latest trader thoughts, insights, spontaneously mind meld, expect the unexpected thread. It’s like turning on TV flipping all channels ... More About: Reading , Market , Forums , Mark , Late
Independent minded trader
2007-04-26 22:22:00 Independent minded trader Independence of your mind is essential for trading success. Why you have to be independent? If you`re not independent on your thoughts you`ll feel yourself uncomfortable without approval of your actions, support and confirmation or even disapproval from somebody else. Markets won`t always provide you with confirmation for your decisions. It is difficult to ... More About: Independent , Epen , Dependent
Questions
2007-04-21 19:31:00 This is hurdle most everyone goes through in their evolution in their money management. Why is it hard to take a loss? A Trader and his money The loss is not anticipated, and comes as a total surprise, and shakes the mental foundations and confidence, the loss on average is much larger then the minute to minute fluctuations. ... More About: Questions , Quest
Being on the wrong side of the market
2007-04-15 00:18:00 …The end of the week. 52 pips profit for this week. Compared with 20 and 15 from previous 2 weeks this is way better? Few short notices bellow from last week. - You don`t do entry or exit trading. You trade. - There`s about 90-120 bars a day on a five minute chart, or more. Or less. As I ... More About: Market , Side , Wrong , Mark , Bein
One fear controlling traders
2007-04-01 19:49:00 “Top professional traders understand how to read the interrelationship between volume and price action. They also understand human psychology. They know that most traders are controlled in varying degrees by the TWO FEARS: the fear of missing out and the fear of losses”. Tom Williams, Master The Markets, p. 47. Greatest fear in the market is that ... More About: Trade , Roll , Traders , Fear , Control
Do not over trade
2007-03-22 23:26:00 I think that the psychological aspect of the problem is similar to that of many gamblers. When they have winnings, they tend to view those winnings as playing with “house money”. When you make your living trading you cannot afford this view. This money is not to be viewed as winnings but earnings. Like in ... More About: Trade , Over
The tendency to keep repeating same trading mistakes
2007-03-20 00:31:00 I want to tell you the truth that it took me 3 years to get on track. As hard as it is to believe, even with heavy reading of the forums, articles and books, with heavy training, I still have the tendency to keep repeating not only the same trading mistakes but also kept ... More About: Trading , Take , Tend , Keep , Mist
GBP/USD short
2007-03-16 15:49:00 Open 1.9494 Target 1.9428 SL 1.9519 RR ratio 1 / 2.7 The test of 1.9420, this week ~open price is probable, in my humble opinion, and have to confirm the establishing of a medium term up trend if tested. More About: Short
The importance of the fear to a trader
2007-03-16 15:33:00 Of paramount importance to the trader is fear. Fear is a powerful, unpleasant feeling of risk or danger, either real or imagined. I am convinced that it is necessary to “run scared“. Only an exaggerated emotion can generate the concentration necessary to survive as a trader. This is not necessarily for all traders. Some traders are pretty ... More About: Port , Trade , Import
A battle against human survival instinct
More articles from this author:2007-03-15 10:26:00 Trading is a battle against human survival instinct. It takes a long time to have a person’s brain rewire to the point where trying to survive doesn’t override what that person does during the middle of it when the heat gets turned up. Everyone loses accounts their first year, many will lose accounts next years, no ... More About: Human , Again , Uman , Battle , Survival 1, 2 |
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