Category: Mindset
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What does a realistic trading journey look like?
For many people, the first question when they start trading is, when do I become profitable? How long will it take? How many days do I have to trade to learn it? These are unfortunately questions that nobody will answer for you. And if someone says they will, they are likely trying to sell you…
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Trading is not predicting
Most new traders think they need to become some sort of a wizard and predict what the market will do. This strategy is doomed and will fail because it’s like trying to predict the future. Unless you have a time machine, I can only wish you good luck. Trading itself is so difficult because it…
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Fundamental events
This article falls outside of the main scope of this blog, I will however develop the link to trading at a later stage. Rant The war in Ukraine highlights how useless politicians are when facing a real threat. The sanctions imposed by both EU and US are not even a bad joke. It’s an insult.…
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Every trade is atomic
All physicist scream now “THIS IS NOT WHAT ATOMIC MEANS”. Whatever ladies&gents. Welcome to my blog. Every trade you take is an independent event. It has nothing to do with the trade you took previously and it will have nothing to do with the next one. You take it because you want to pay the…
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Why do you trade
Why do you trade? You should ask yourself that question and find an honest answer. If it is good enough to get you through the pain of failing over and over and over again, you will succeed in trading, assuming that you actually love it. Most people want to leave their day-jobs or just want…
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Profitable trading is boring
There is a major misconception around trading. If you look at Instagram or TikTok, it is full of “traders”, traveling the world with hot girls, while making a fortune on their phones / macs, posing with a Rolex, in front of the Lambo. Everything is new, shiny and exciting! The reality is slightly different. Profitable…