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trading mindset

Two things you MUST master before you can succeed in the markets

The key takeaway point from last week’s article ‘the trading experiment‘ was the level of comfort associated with risk and being exposed to it. The key to your success as a trader is your ability. To become extremely comfortable with exposing your trading account to risk – managed risk, that is! The more comfortable you

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A Trading Experiment that will get you to rethink about your entire approach to the market

Last week’s article on BHP prompted a number of comments, particularly in regards to my view on risk and return. Having had a few weeks off the trading floor – literally – as I have had some leg surgery – albeit not time away from the market. Being off, has allowed for a bit more

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Trading Mindset – Why did I hold on too long – The Endowment Effect

[jw_player file=”http://764f2efdd097317eb461-3ca2fda7ff81b64012fc9d58bd654ac6.r94.cf1.rackcdn.com/MM_Lesson-3.mp4″ image=”https://australianinve.wpengine.com/1616369700085/wp-content/uploads/2013/07/Trading-Mindset-The-Endowment-Effect.jpg” height=”330″ width=”590″ autoplay=”false”] Why did I hold on too long – The Endowment Effect Trading is a business that is based upon one single component more than anything – process. Being a process driven task, there simply is no room or place for emotion, if you want to be successful. One emotion

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Trading Mindset – Why should I use a trading journal?

[jw_player file=”http://764f2efdd097317eb461-3ca2fda7ff81b64012fc9d58bd654ac6.r94.cf1.rackcdn.com/MM_Lesson-2.mp4″ image=”https://australianinve.wpengine.com/1616369700085/wp-content/uploads/2013/07/Trading-Mindset-why-use-a-trading-journal.jpg” height=”330″ width=”590″ autoplay=”false”]   Why should I use a trading journal? Journaling is black and white – you either do it, or you don’t! Those that do, understand the value of this skill – it provides a very useful tool. For self diagnosis within your trading business. Ultimately, your job as a trader

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