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Articles for: Trading Psychology
There is a long list of academic theories and models that attempt to explain and understand the economy and markets. While none are perfectly infallible, many nevertheless have their merits and provide important practical lessons.
No matter how fast we click from place to place, it will never replace face to face” - Joel Bauer. Is that how you learn best? Face to face? There are many ways you can educate yourself in trading. The first one is Home Study.
Mathew Barnes
2 Apr, 2009
One of the reasons that traders tend to overtrade is that they are trying to make too much money, too quickly, with a trading account that is too small.
What is the purpose of a complaint? You expected someone or a company to deliver some product or service and they either didn’t deliver or did not deliver it in the way you expected them. So you complain. What happens next?
Whose opinion is more important to you, yours or someone else’s? Are you inner driven or outer driven? Your answers to these questions will determine your trading success or failure.
The importance of Trading Psychology is becoming more and more pertinent these days as bad news shows up all around us.
Where you stand determines your perspective. Remember the story of four blind men and the elephant?
How did cavemen and cavewomen feed themselves? They hunted and gathered.
I want to get there fast. Let’s fast track.
Mathew Barnes
19 Dec, 2008
Trading is a business, but to me, it is also a game.
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