It is important for a trader to be good at both offense and defense. When trading in the market, good offense can make you a lot of money. However, good defense is much more important than good offense as it helps preserve your hard earned profits. Let’s discuss in this article what to do to avoid giving back profits and losing money to the market. Avoid the chop and … [Read more...] about How to Trade Without Losing Your ‘Shirt’
Trading Articles
The Top 3 Ways To Find The Best Trading Opportunity
Many traders are always in search of trades. This can lead to them making rash decisions and putting their trading accounts at risk. It is never a good idea to trade without a plan. This is the number one reason why most traders fail. You must have a clear plan before you begin trading. The best trades I have taken have simply appeared. I was not looking for them and … [Read more...] about The Top 3 Ways To Find The Best Trading Opportunity
How Much Time and Effort is Required to Become a Profitable Trader?
Becoming a successful trader is a goal that many aspire to, but the journey can be fraught with challenges and pitfalls. One common mistake is becoming too focused on the end goal of profitability, leading traders to overlook the process of learning how to trade properly. As a result, it’s essential to shift the focus to what needs to be done to achieve this goal. Instead of … [Read more...] about How Much Time and Effort is Required to Become a Profitable Trader?
9 Proven Methods for Rapidly Enhancing Your Trading Performance
If you are a new trader, it's common to fall into the trap of developing bad habits and getting stuck in a prolonged losing streak. It's easy to feel lost and overwhelmed, thinking that progress is too far away and will take too long to achieve. If you find yourself in a trading rut and don't know how to get out, this article is for you. Here, I'll share ten valuable … [Read more...] about 9 Proven Methods for Rapidly Enhancing Your Trading Performance
25 Motivational Quotes from Top Traders to Inspire You
Engaging in trading can be likened to a thrilling ride on a roller coaster. Despite the evident excitement and enjoyment, there may be instances when one feels anxious, uneasy or vulnerable. During such challenging periods, it is crucial to remain calm and steadfast instead of succumbing to panic or defeat. A practical approach to cope with such situations is to read inspiring … [Read more...] about 25 Motivational Quotes from Top Traders to Inspire You