If you are investing according to a consistent method then all trades are potentially “good” trades. Don’t fret about which one is the best of the “good” trades or which…
The reason that you need a Trading Methodology or strategy when investing in the market is to protect you from yourself. You need rules to determine when you should buy,…
Active investing is very different from passive investing and hence requires a different mindset for decision-making. Indeed, active investing requires a completely different mindset to any other kind of buying…
Losing streaks and flat periods are a reality of trading. Just as sports teams have losing streaks, so do traders. A trader may take many trades and face loss after…
Carrying on from last week’s journal post “Who’s to blame?”, I will now discuss shifting our thought process to make change. To improve your responses you can do one of…
As human’s we’ve been programmed by society to not accept the following situations on an event by event basis: • being proven wrong or not being right, • losing, •…
A competitive mindset will take you out of flow with the market and cause you to try to control and beat the market with whatever means you have. The typical…
Because loss trades simply must occur, it must be accepted that it is impossible to achieve a trading record that only comprises profit trades—that is, a perfect trading record. Once…
Thinking from the markets perspective means forming connected ideas about what and when to buy and sell from the view of the facts and events in the market. The facts…
In last week’s post I discussed the concepts of consistency and objectivity in relation to the market and our trading and active investing activities. Over the next few week’s I…