Mindfulness is the most powerful mental ability (and technique) that I know. We are lucky to have such a tool. It is as valuable in daily life as it is in trading, perhaps more so. Everyone can benefit by being mindful. We'll be bringing more on mindfulness in the months ahead. In the meantime ... ... Here is a brief introduction to mindfulness -- a little about what … [Read more...]
The Authentic Key To Trading Psychology: Mindfulness
The Authentic Key to Trading Psychology The trading mental game escapes many traders because they don’t know the authentic key to trading psychology. In a word, it’s mindfulness. You have probably heard about mindfulness. It’s a mental skill that is of particular value to traders. Over last decade, science is showing mindfulness to be beneficial to both physical … [Read more...]
Trading Psychology: Cutting Winning Trades Short: How to Overcome It
Our trading psychology is often confronted with the strong urge to book small profits on a winning trade. If we listen carefully, we often hear our mind telling us: I must get out now. I'll have a small profit. It's better than a loss ... How often have you said this or something similar before cutting a good trade short? Cutting winning trades short is one of the most … [Read more...]