This definitely depends on what type of strategy you are trading with. Some day traders can trade every day throughout the whole year. Some traders really depend on market environment. For my style, the more trend-following type of trading, you definitely want a trending market. And that doesn'
Now this is something I researched multiple times and always avoided it afterwards because I could not find a way that suited my style of trading but recently I finally started using it. I have not found a resource that explains it all in one go. There are lots of
I discovered philosophy a few years ago after I was the first in my family to step away from religion. Stepping away from religion is a scary thing because your whole belief system about everything suddenly isn't that certain anymore. I needed something to hold on to again,
When I think about the legendary traders like Jesse Livermore and William Joseph O'Neil it sometimes looked like William O'Neil was the modern-day equivalent of Jesse Livermore in a more modern time. I think a big difference was O'Neil had access to computers
Most traders know this: as a trend follower you need a trend. Without it, setups may appear but they fail all the time. Best to sit on your hands. But how seriously do we actually need to take this? Where does this come from? Let's dig a little
For me, trading is part of my life but its not my entire life. My personal life, work, family, sports, and hobbies take up most of my day, and I'd like to keep it that way. There is more to life than trading. There is absolutely no way
As with many things, motivation is a great way to start, but at some point, it fades. Habits and recurring activities are what keep you in it for the long run. Especially in trading, it is crucial to give yourself at least a few years to figure things out. This