Why Do Traders Meditate - Does Meditation Actually Help With Trading? There are a lot of misconceptions about meditation. Most people think it's religious, but it's really just brain exercise - and studies have shown its incredible benefits. For traders actively monitoring the market, meditation is a critical tool for peak performance. In my experience, the vast majority of individuals who attempt to trade completely overlook the psychological component. They choose to dabble, cut corners, … [Read more...]
What is a Trading Guru – Real Educators vs. Marketers
What is a Trading Guru, Expert, Master, Mentor, Teacher, or Authority? A real trading guru is someone with at least five to ten years of trading experience and an undistorted track record of consistent profitability. In my opinion, these are the two main requirements to be considered an authority within the trading space. When people hear the term "trading guru", they typically assume teacher or educator. But I would argue that the vast majority of real trading gurus (experts, masters, etc.) … [Read more...]
What is Good Stock Trading – Good vs. Bad Stock Trading
What is Good Stock Trading and What is Bad Stock Trading? For most traders in the market, a losing trade is simply categorized as a "bad" stock trade and a profitable trade is simply categorized as a "good" stock trade. But this isn't always the case. Losing trades can actually be good trades and profitable trades can be bad trades. This fundamental misunderstanding of what constitutes good and bad trading is difficult for new traders to accept. I mean, how could the end result of an … [Read more...]
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