Reproduced with permission Brett Steenbarger Sometimes you hear people debate whether trading success is attributable more to trading techniques vs. psychology. The answer, of course, is both-but the point where the two intersect is risk management. A huge percentage of trading success or failure can be laid at the doorstep […]
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Reproduced with permission Brett Steenbarger There are quite a few books written on how to make money in the market. Some of them are even written by people who have made money as traders! What you don’t see often, however, are books or articles written on how to lose money. […]
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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 […]
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