What would your equity curve look like if you could redo every losing trade that was a result of: Deviating from your plan, Carelessness, or Mind chatter that took you out of the zone? How much better would you be feeling about your trading account? Do you want to make a bet your equity curve […]
In my Blog article called “5 Fundamental Truths in Trading“, we introduced the 5 Fundamental Truths in Trading from Mark Douglas’ excellent book, Trading in the Zone, and now we are going to expand on each of them. Anything Can Happen … on any given trade. There are always unknown forces operating in the market […]
Trading distilled down to its simplest form is a pattern recognition numbers game. We use analysis to identify patterns, define risk and determine profit targets and the trade works or it doesn’t. In either case we go on to the next trade. This is simple to comprehend yet extremely difficult to do. In fact, trading is probably the hardest thing you’ll ever attempt.