Money Management

Trader

7 Steps to Surviving a Trading Slump

7 Steps to Surviving a Trading Slump   “How you think when you lose determines how long it will be until you win.” … Gilbert Keith Chesterton, 1874-1936   As if learning to trade wasn’t already hard enough… If you’ve been in this game more than a few months you would quite likely have experienced…

Trading Process and Strategy

Three Losses in a Row

3 losses in a row are tough. That’s about the most consecutive losses that novice traders are psychologically prepared to accept before they feel compelled to take action and ‘correct’ the situation. If you’re anything but a total newbie, I’m sure you’ll recognize the symptoms: Frustration – Why me? I’ve worked so hard. Everyone else…