How to Include Psychology in Your Trading Diary

Over the last several weeks we’ve been mentioning both emotions and your trading diary quite often. Although we’ve said that you should make notes and comments about your mental state during trading, we realized that we need to be a bit more specific about it. So here are some detailed steps on how to combine…

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How to Recover After Losing Your Entire Trading Account

Losing everything you deposited in a trading account is more common than most people believe. It’s actually part and parcel for most traders, especially at the beginning of their trading journey, before they find their bearings and a trading method they can rely on. Whether it’s because they lack discipline, don’t have a trading diary…

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Feeling Regret About Your Trades? Use it!

Just like with almost everything in life, trading can cause regret. Whether it’s for a missed opportunity or for a wrong decision, those little red and green numbers have the ability to push us into some pretty extreme emotions. Regret can control our behavior because it happens right after we’ve had a bad trade. It…

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Trading Diary: Why You Need One

The ability to learn from one’s mistakes is a valued asset in all parts of life. But it’s especially true when it comes to money. Investing is all about money and having a trading diary, regardless if you’re a day trader, or focused on the long term, is a must. Having a record of what…

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