Recently in the Live Traders chat room a comment was made about ADHD, I don’t remember exactly how it all got started but I did mention that I have been diagnosed with ADHD. Others also chimed in that they have also been diagnosed with ADHD. I was diagnosed when I signed up for a shyness…
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n the intricate world of trading, where precision is paramount, Live Traders Techniques, coupled with insights from the Professional Trading Strategies (PTS) course, shed light on the nuanced concept of Accumulation Volume. Acknowledging the preference for price and volume as primary indicators at Live Traders, this exploration delves into how certain indicators, when used judiciously,…
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Trading, often romanticized as a quick route to financial success, harbors its fair share of misconceptions that can mislead newcomers. Aspiring traders frequently enter the market with unrealistic expectations, drawn by tales of rapid fortunes and effortless gains. This article aims to shed light on common trading misconceptions and provide a realistic perspective for those…
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Embarking on the journey of a trader demands more than just market knowledge; it requires meticulous organization and a strategic approach to each trading day. In this guide, we unveil a comprehensive plan to help traders organize their day efficiently, fostering effectiveness and success. As a bonus, we’ll introduce the Trading Plan Essentials Course (TPE),…
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I recently came across this article from Brent Steenbarger. Give it a quick read.“The Real Way to Learn Trading” https://traderfeed.blogspot.com/2018/10/the-real-way-to-learn-trading.html The following paragraph is the one I want you to focus on:“The more advanced phase of learning occurs when the medical student becomes a resident physician and participates in the teaching of new students. We…
Observing the dedication sports enthusiasts pour into tracking statistics and analyzing every detail of their favorite games is truly remarkable. Whether it’s shooting percentages, completion rates, or yards per carry, sports aficionados can rattle off intricate details about players and teams effortlessly. Yet, when these same individuals turn to their trading endeavors, a surprising knowledge…
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A common frustration among traders echoes a familiar sentiment: “I move my stop to breakeven too soon, and then the market turns against me. What am I missing?” This phenomenon, often dubbed “Moving Stops Too Soon,” is a challenge that many traders face, especially when attempting to safeguard gains in the midst of market fluctuations….
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Trading, often perceived as a path to quick riches, is a labyrinth of challenges and complexities. In this article, we’ll navigate through the misconceptions surrounding the trading journey, emphasizing the importance of patience, realistic expectations, and the time it takes to master this intricate craft. The Rome Analogy: Why Trading Is a Long-Term Endeavor Rome…
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I’d like to share something important with all of you, but before I do, let me ask you a question: How do you feel about uncertainty? What emotions does it stir within you? When you contemplate uncertainty, what thoughts and feelings arise? When i got into Trading, I immersed myself in studying patterns, honed my…
Isn’t it fascinating how trust plays a pivotal role in various aspects of life, including trading? Many of us have spent countless hours backtesting trading strategies, only to discover that they actually work. Allow me to share a story which illustrates a relevant point. I once knew an individual who was highly skilled at technical…
