Prop Trader Confidential: Avoid This Pitfall There are various reasons why most prop traders fail, including inexperience, a lack of discipline, over leverage, poor risk management, lack of a trading plan, poor trading skills, inability to...
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Tag: discipline
Trade Management In trading, it’s not about how much you make, but rather about how much you don’t lose. Bernard Baruch 15 Start Small With few exceptions, there is no successful strategy that works on a $500,000...
25 RULES TO BECOMING A DISCIPLINED TRADER How is it that some traders only last a few months while others carve out a career in markets over a lifetime? One word… Discipline. Discipline keeps us alive when...
If you want to be a successful trader, you need to keep a trading journal. This is an essential part of the trading process, and it can help you improve your trading skills by leaps and bounds....
If you’re a trader, you must keep a trading journal. A trading journal is simply a record of your trades and the associated emotions. By keeping track of your trades, you can see what works and what...