Trading Psychology


I am no expert in psychology. Just like all other traders, I went through all kinds of emotional troubles before finding my way to live with trading. Articles written on the subject are more personal experience than anything else.

I am a strong believer that by being knowledgeable enough in a subject (in this case trading), the emotional swings associated with the uncertainties will subside. The key here is not just knowledgeable in theory, but also fluent in applying the knowledge.

A good analogy is driving. You cannot drive a car by just learning it from a few video instruction sessions. You have to practice to get a feel how driving actually works. Better drivers do not necessarily driving cars many hours a day. It is the focus and the amount of time spent in fine tuning certain skills in driving that counts.


Error, group does not exist! Check your syntax! (ID: 9)

alphabetical order | posting date

 1 2 3 4 Next

image
A Big House, A Nest Egg And A Few Triple Bypass

Past few weeks I was visited by many friends and relatives due to loss of my significant other. Many I have not seen for years. Some others, I have never heard of their existence until now. It is a very odd experience. It still hurts inside and I am ...

2 comments


Breaking Your Day Trading Performance Barrier
Breaking Your Day Trading Performance Barrier

In the third part of the series, I have covered the psychological makeup necessary to compete against the other traders in the extremely competitive field of day trading. Those foundations will help you making the right decisions both inside and outs ...

2 comments


iStock_000010489969XSmall
Defensive Money Management Explained: When Your Trading Style Fails

Quite a number of fund manager and pro trader friends have experienced significant drawdown so far in year 2017. Partly thanks to the uncertainties of the current geopolitical environment, these veteran professionals all have expressed their frustrat ...

No comment yet


Difficult choice
Essence of Trading: Daytrading (or Trading) May Not Be Your Best Career Choice

Some people think they can simply put hard work into trading and they will become proficient quickly. How hard could it be, many people asked, that it is just buying and selling something quickly to grab profit, right? Well, I can use a similar arg ...

2 comments


Essence of Trading: Emotional Imbalance Can Impact Your Trading Decisions (and Profitability)

What I am going to talk about is not the kind of emotional roller coasters from life-altering events that we know for sure can cloud your judgement. It is something more subtle and will surprise a lot of people. A Good Read First, I have to mention ...

3 comments


iStock_000013112749Small
Essence of Trading: How I Kicked A Bad Habit

I used to take seasonal allergy medicine religiously every year. At the beginning of spring, while people keep talking about how great the coming season will be, I would look allergy medication to stock up. It is not just a matter of inconvenience ta ...

No comment yet


iStock_000012892060XSmall
Essence of Trading: Hunt As A Human

In trading, younger traders often feel pumped when they have to struggle through many trades during the day in order to come out ahead with a profit. For older traders the same struggle is exhausting and often giving them a headache. Over time if a t ...

No comment yet


Little pretty child
Essence of Trading: Importance of Critical Thinking And Why It Is Not Enough (Part 1)

Critical thinking is a concept that we learn partially throughout basic education. For some who eventually enter graduate studies, it suddenly becomes a requirement. It is as if the concept does not require learning at all. I find this very odd indee ...

No comment yet


iStock_000007657272XSmall
Essence of Trading: Importance of Critical Thinking And Why It Is Not Enough (Part 2)

... continue from Part 1 The Difficulties In Accepting Changes One of the reasons why many people fail to do something about their bad trading habits is that they cannot feel it. Knowing something is not good for you is one thing. Taking actions ...

No comment yet


Essence of Trading: Only Man-made Roads are Straight and Smooth

Ever observe a tree in detail? From afar, a tree may look tall and sturdy. That is just our impression of the tree. By looking at a tree carefully, you would notice that it is not quite accurate. Its branches are never grown in straight lines. The ...

No comment yet


 1 2 3 4 Next
This is a pre-registration form. Fill in the following details to verify your email address first. You will be able to access the full registration form and register for an account after the verification.
Please enter any two digits with no spaces (Example: 12)

Your information will not be shared with anyone.

By signing up you agree to our Terms of Use & Privacy Policy