Trading Psychology

Trading by rules, a psychological perspective

Reproduced with permission Brett Steenbarger If I had to give one piece of advice to most traders who are struggling with their P/L, it would be to trade tested systems or patterns and trade them systematically. If you look at highly successful business organizations, such as McDonald’s, Dell, Federal Express, […]

Read More

Trading as Mental Warfare

Reproduced with permission Brett Steenbarger Writings on the psychology of trading commonly view emotional conflicts and reaction patterns as impediments to successful trading. Accordingly, they advocate various therapeutic and self-improvement exercises to remove these obstacles. In this article, I propose a very different perspective: trading as a military activity, rather […]

Read More