A brief exploration of how patience can affect trading
Patience in trading
What is patience? According the Cambridge English Dictionary, it means: “the ability to wait, or to continue doing something despite difficulties, or to suffer without complaining or becoming annoyed.” PatienceRead More
Coping with volatility – the value of experience
This post continues from ‘Is volatility your friend?‘ The emphasis here is on copying with volatility. ‘Coping’ is a psychological thing. New traders will have emotions and it is no goodRead More
Is volatility your friend?
Every trader knows that volatility is the thing that is necessary in order for the price to have movement. But there are different kinds of price movements. Some instruments moveRead More
Learning about trends – smelling them
It’s often thrown around that ‘The trend is your friend’. I had heard or read these words several times in the last three years. I understood the words and theRead More
No courses, no horses.
Over the last few months there has been much reflective practice. This is about looking back at what one has done in the past, learning and re-learning from mistakes, andRead More
Your first or next million?
This is worth your next million
Lots of new traders are looking for a magic solution to make money. They come into trading as a sort of flirtation – to see ‘if it works for them’.Read More
What is gambling?
Gambling is a bad word and a bad thing for most people. Strangely enough at September 2014, it was estimated that “70 per cent of UK adults, more than 32Read More
On luck, chance and prediction
In several posts the issue of luck and chance were touched on. There is a need to explore this further, as many who know little about financial trading believe it’sRead More
Sniper attack on Brent Crude
It’s been a busy week for some traders. The following is a perfect kill with two shots to the ‘head’. The sceptical will argue that this is luck. But theRead More
Sterling causes excitement
Those who were watching Pound Sterling, would have seen some excitement recently. The Prime Minister, Theresa May, called a snap election on 8th June 2017. This caused the fainthearted toRead More