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The premise of this Site is for trader transformation cultivating confidence and courage in traders via Performance Tweaks & continuous improvement to the Mindsets of Professional Traders / Aspiring Traders aswell as my own through the,
* Traders Wisdom Series *
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IMPORTANT ( Posts will be available for 72Hr before Going Private ) ***
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Content Posts to Fill in the void when no creative writing is forth coming .
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Did you know third-party like Business Wire sells hedge funds an early, albeit split-second, look at corporate earnings, before retail traders see it ?
it’s perfectly legal.
The University of Michigan, for example, sells the rights to its Survey of Consumers to Reuters for $1 million a year. Reuters then sells early access to it either five minutes before the public gets it or five minutes and two second before—for the HFT crowd that wants to frontrun the frontrunners.
If you want a real edge get it here
Trading is a mental sport you have to approach it like that.
Its a well known fact that many retail traders don’t have the mental preparation to confront trading markets . Patience discipline simplicity the missing qualities.
Needing to be sure is what really kills traders. They seek a certainty that can’t be found, and end up on the completely wrong path.
Weather you are just starting out in the world of trading , coming to terms with your own trading system , right through to the mental aspects of trading or simply a Professional trader looking for a new perspective and fresh mindset to your trading Transitiontrader.com can help you .
Transition will ensure that the changes you want to make will be the right ones and will leave your trading business in better shape than ever.
Because I’m now working for them ! ;-)
The rallying cry of the losing trader “I’ll get out when I’m even” Marty Schwartz
Freshly Squeezed Pips view
Those who get out at Break even do so because they can then say to themselves i was not wrong i did not make a big mistake .
This is totally the wrong way of thinking and approaching Trading .
Letting your Ego Rule versus Ruling your Ego is the First steps in the battle of your Psychology issues toward Trading .
The Irony is People loss because they don’t want to lose , they just want to feel they weren’t wrong because in there minds Right= ( Win ) // Wrong= ( Loss ) .
The truth is Pros know they have to take losses in order to win its part of the process : There is no Right= ( Win ) or Wrong = ( Loss ) in Trading just wins and losses .
Copyright © 2012 FreshlySqueezedPips
“Traders Wisdom Edition “
One common way people evaluate your performance is
to perform a thorough review of your performance at the end of each trading day.
” Many of yesterdays issues and emotions are yesterdays lessons unsolved “
Not only does this review enable traders to learn from mistakes but it gives them tangible lessons to incorporate into the following day’s trading goals that they should set for themselves.
“Essential analysis for any trader”
The ability to do this is a function of practice and self honestly toward mental strength & confidence . This type of personal reflection and analysis is evident within all master traders .
The repeated review process will help and is essential to instill the gut feel for right or wrong trading for any trader.
“Your job is to always play to your strengths “
Ultimately Trading is a performance based endeavour a lot like Sport if you don’t understand and analyze your weaknesses how will you ever play to your strengths .
The baldy one has spoken – Copyright © 2012 FreshlySqueezedPips
“ Traders wisdom Edition “