Archive for the ‘Lessons - Practices’ Category

Vacation Trading, Analysts & Forums

I was recently talking to a person who is a trader by profession. He asked my how many bad trades I had in my short trading career, and when I told him the number was small, he reiterated the importance of losing some money in the early stages of one’s trading career and the significance [...]

December 29, 2008   Posted in: Lessons - Practices  One Comment

Taking the Emotion out of Trading

One problem that a lot of traders, including me have is they let their emotions interfere with their trading. The emotions I am talking about here are greed, fear, and optimism. When our stock is going up, we do not sell because we think it will keep going up, and when it’s going down, we [...]

August 21, 2008   Posted in: Lessons - Practices  No Comments