Society Has Conditioned Us to Believe That Failure is Bad: Through years of conditioning, we’re essentially all hypnotized. Because when we hear the word “failure”, we automatically think about it in a negative light. We’ve been punished by authority figures in the past for our mistakes, and as a result, we now become ashamed of […]
Top 5 Trading Paradoxes – Learn Them to Become a Better Trader
Successful Trading Can Be Counterintuitive: There are so many misconceptions about what it takes to be a successful trader that it’s difficult to even keep track of them all. But one of the biggest fallacies is that any highly successful businessperson or industry professional would automatically make a great trader. That assumption couldn’t be further […]
Top 4 Trading Principles That Every Trader Must Understand
These Concepts Drive Your Thoughts and Behaviors Within the Market: Most people fear the market, but if we understand and embrace the following principles, then our fears will dissipate. What makes the market seem so scary is the uncertainty of it. As outsiders or even as beginners, everything can seem so random and chaotic, but […]
What is Trading Expectancy? The Importance of Having a Statistical Edge
Expectancy & Win Rate Are NOT the Same Thing: Trading expectancy is an equation that tells us how much, on average, we can expect to profit on each trade that we make. In order to make money, we want to find systems that have positive expectancy and avoid systems that have negative expectancy. Along with […]