It’s Beyond Your Control [As A Trader]

When a trader enters the market, any following price movement is based on market participants’ collective actions not any individual’s own opinions, hopes, and beliefs. While a trader can manage a trade via position size and exit strategies, he can not determine whether his stop loss or profit level is hit. A trader is at the market’s mercy to choose the future of each of their trades.

Ask These 10 Questions Every Trade

If you are just arbitrarily trading what you like without any real underlying process, procedure or strategy,  the long-term odds of success are small. It is important that you create a system or strategy for yourself that helps you to trade in a manner that consistently works, reduces risk, and does not destructively put yourContinue reading “Ask These 10 Questions Every Trade”