Book Summary: "Come into My Trading Room" by Alexander Elder Discover the Secrets of Successful Trading in 'Come into My Trading Room' by Alexander Elder
Mastering Your Mind: Overcoming Cognitive Biases in Trading Understand how cognitive biases influence your trading activity and learn strategies to overcome them.
Are Brokerages really eating your profits? Hello dear, I hope you are doing well. Today, I was just scrolling my social media platform and I found a post where people are posting about how brokerages are eating their profits. After reading the comments, I came to know “How aggressively people are trying to find the solution
The psychological impact of option trading on traders Option trading can be a lucrative and exciting way to speculate on the movement of asset prices, but it can also be a psychologically challenging activity for traders. The fast-paced nature of the market and the potential for high returns and large losses can create significant stress and emotional turmoil
The ethical considerations of option trading in today's market. Option trading is a financial market activity in which a trader buys or sells the right, but not the obligation, to buy or sell a specific financial instrument at a predetermined price on or before a certain date. These financial instruments may include stocks, indices, currencies, and commodities, among others.
Why is psychology important in option trading? It is very important to understand the psychology behind your trades if you are trading options. Trying to time the market is one of the most difficult things in option trading. It will be impossible for you to stay on your game when you’re being whipsawed in and out
Why the Lack of Risk Management is Dangerous for Trading The importance of risk management in trading can’t be stressed enough. With any investment, the only thing you can control is the risk. The more risk you are willing to take, the more money you can potentially make. When starting out as a trader, it’s important to understand