The feeling of ever admitting that one’s action is wrong is something many people never acknowledges, outside the works of trading, you get to see that even in a bilateral misconduct between two sovereign nations, it’s always difficult or maybe impossible for one of those countries to accept that there were at fault( being wrong), it goes on in every aspect of...
#TommyLecture #PrincipleofTrading #TheoryofTrading #Emotion #Management
Hello traders from all over the world. This is Tommy.
How were your trades lately? The market was quite unpredictable recently showing high level of fluctuation which makes it harder for us retail traders to follow up. It sort of seems like a sideway trend in a big horizontal box but also...
Institutional investors have a profound impact on financial instruments prices because of their large volume trading activities. They can greatly impact the price of financial instruments, however making a material impact and hence decreasing liquidity to the point where there may be no one to take the other side of the trade is not something they desire. To fill...
STOP LOSING TO THE SHARKS
Why do 95% of traders fail? Because you learn from the masses, then you lose with the masses. You are being fooled by the banks & institutions.
The very core of technical trading revolves around support & resistance. You are taught to sell if price breaks support and buy if price breaks resistance, but you aren't taught to win - you...
![XBTUSD.P: Good analysts are not always good traders [Principle vs Emotion]](https://s3.tradingview.com/6/6xaDxOe6_mid.png "Good analysts are not always good traders [Principle vs Emotion]")
