Psychology and Trading

Psychology and Trading – Trading In The Zone Summary

  Trading is a very unique activity, especially in regards to psychology. Having the wrong mindset when trading can be detrimental to success in trading. That’s why I recently read a book that is all about the psychology and trading and the importance of developing a right mindset. The book is called ‘Trading In The Zone’ and is written by Mark Douglas, the author of ‘The Disciplined Trader: Developing Winning Attitudes’. Mark Douglas is of the Read more

How to Trade more Mechanically | Trading Mentality

Many people underestimate the importance of a good trading mentality. There is hardly any job with so many ups and downs as in trading. In trading almost everything is possible in a short period of time: you can make and lose a lot of money over and over again. This requires some getting used to. Having a good and confident trading mentality is therefore just as important as education. Many traders have hard times sleeping Read more