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Tag: Psychology

Should You Use a Pareto Chart

What? you don’t know what it is
Unless you are familiar with manufacturing management principles, you probably have not heard of a pareto chart. It is a very effective tool managers use, to manage and effect outcomes in manufacturing environments. You’re saying, How in the heck will this help my trading? Well it can, if you [...]

Psychology Of The Winning Trader

It is said that nine out of every ten traders loose money. It is also said that day trading is seventy five percent psychology and the other twenty five percent divided up between your trading system and proper money management. Now I do not know if those facts are true or false. I have never [...]

Become a Better Trader

It is a well documented fact that within the business of trading the financial markets, as much as 90 % of the participants lose and continue to lose money. So if 90 % are losing, that therefore means that 10% are gaining each and every time.
In order to improve my own trading record, I [...]