Articles for category: Psychology

No pain no gain

How’s about a £5000 loss in a matter of minutes – yes that’ll be painful to most people. I’m sure you’ll read on – but learn from this. Let my pain be our gain. Too often traders talk only about strings of significant wins, and losses are under-represented. I break that ‘rule’ right here. The ...

The enemies–the fuller list

The list of enemies is probably the most important thing for all new traders. In other posts I’ve referred to ‘the enemies’ within. The fact of the matter is that the obstacles and failures in trading are due to the hidden enemies. These are enemies in the mind. Sometimes they’re not ‘so hidden’. Traders may ...

Tough enough?

Financial trading of whatever type is a very difficult ‘game’ to play for a number of reasons. When you’re faced with an insurmountable obstacle, when you’re losing, when you feel rotten at doing something for months on end – especially something new and well outside of you usual zone of comfort – what do you ...