Tag: introduction
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Risk management introduction
Managing your risk is one of the top aspects you need to get right if you want to be consistently profitable and make use of the compounding effect. Often people risk a fixed amount of pips with a fixed lot size, but this means your risk is not the same if you trade different pairs.…
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Mental Models for trading
I’m a big fan of Farnam Street and its Knowledge Project. Shane has captured a lot of different mental models, which can be used to make better decisions. I think this can also be applied to improve your trading. Within this article series, I will try to look into the most relevant mental models and…
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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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ChatGPT
Welcome back after a long break. Turns out maintaining habits is sometimes harder than one may think. Today I will start with something easy. ChatGPT. I am sure many of you have been playing with it already but how will it impact trading itself and the industry? First, let’s define what ChatGPT is and how…
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What is this all about?
This blog is my attempt at explaining my thinking process when trading the markets (Forex and equities) and improving it as a result. I intend to write articles in a few categories (initially at least): Stuff about mindset, psychology and motivation as it is heavily underrated with most traders Risk management – as it is…