Defining Success in Trading w/ LordSeanConnery Hello fellow traders, LSC here and I wanted to just go over some personal insights on what I define as success. First and foremost, success is definitely defined as being profitable, maybe not every day, but overall,...
Trading and Patience: The Conveyor Belt Analogy w/ BalancedTrader For a trader, patience is not just a tool and a necessity. To illustrate this, let’s consider the analogy of a factory worker stationed at a conveyor belt. This worker’s task is simple: lift the boxes...
Debunking the Myth Behind Summer Trading w/BalancedTrader As the old adage goes, “sell in May and go away” Summer and the Christmas holiday season are typically considered the quietest trading periods. Institutional investors often take vacations during these times,...
TradeWisdom – The Kite Trader In this Trade Wisdom segment, FuturesTrader71 describes the difference between historical probability based on research and testing vs. the probability of a particular outcome on the very next trade. Don't forget to leave a comment...
Stages of Trading Competence Much the same as The Four Stages of Learning model, the Stages of Trading Competence follow a 4-stage process. These are: Stage 1: Unconscious Incompetence Trader starts here. They don’t know what they are trying to accomplish or how....
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