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Search Results for: label/trade management
Search Results for: label/trade management
What type of trading strategy do you use? Our trading strategy can be applied to both long and short term trading, Futures, Stocks, Crypto, Bitcoin, and Forex, but our focus at SOT is for ‘short term’ futures trading for many reasons: Short term trading allows traders to use small amounts of risk and earn a […]
Continue readingIn today’s Psychology lesson I’m going to give you a strategy for setting specific, highly-targeted trading goals to take your trading career to the next level. In my previous lessons, we’ve been talking about the importance of using a trading journal to identify patterns, and those patterns are going to tell us where we need […]
Continue readingToday’s Trading Psychology question of the day… “How do you avoid analysis paralysis? I lost a lot of money at the beginning of my career with a trading robot, and although I feel like I have a good trading strategy, I seem to worry about every little detail and I seem to miss the good […]
Continue readingToday’s Trading Psychology lesson, I want to cover an important topic that most of us have already dealt-with, or will deal with at some point in our trading careers. Before I get into today’s lesson, I want to remind you that in previous lessons we talked about the difference between stress and distress. I said […]
Continue readingToday’s Trading Psychology question of the day… “I’ve been watching your psychology videos and they have really helped me a lot, but I’m still struggling with my emotions and it clearly affects my trading each day. I feel like when I’m making money I’m the king of the world, but when I’m losing money, life […]
Continue readingToday’s Trading Psychology question of the day… “I’ve been trading for a few months now, and I find myself feeling stressed before I take a trade, which causes me to miss profitable trades, and I wind up chasing the trade and taking losses afterwards. Do you have any advice on how to handle the stress […]
Continue readingToday’s Trading Psychology question of the day… “I’ve struggled to move from sim trading to live trading. I can easily make money on a simulator, but the moment I move to live trading is when I fall apart and start losing money again. Do you have any tricks for moving from sim to live trading?” […]
Continue readingToday’s Trading Psychology question of the day… “What’s the most effective way to break bad habits? I’m working for a trading firm and they have strict rules of risk-management. I’ve learned the rules, but I can’t seem to stop making mistakes because of some bad habits that I learned when I was trading on my […]
Continue readingToday’s Trading Psychology question of the day… “I know how to trade, I have a strategy that works, but I swear, it seems like I’m my worst enemy when it comes to following that plan. I find good trades almost every day, but for some reason, I find some lame excuse on why I can’t […]
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