Emotional capital is a required, yet rarely-perfected resource that every trader must manage in order to be successful. By training yourself to maximize emotional reserves during a trade, you gain the ability to see clearly and act objectively.
Let’s face the facts here: It’s easy to blame the market and commiserate with other traders, but it’s a lot harder to think for yourself and look for the silver lining after a bad trade.
No matter where you are in your progress, extended weekends, especially at the end of a month and end of the quarter, are a great time to look back at your recent results.
Whether you’re on a hot streak or everything is going wrong in your life, you need to know when to get out to be a successful trader. Today on Limit Up! Podcast, we’re talking about what it means to go on tilt.
If you're new to trading, the learning curve can feel overwhelming. Striking that fine balance on your positions can be demanding, sometimes an insurance policy can save you a costly loss— that’s where a stop-loss order can save your investment.
As usual, the financial media is lambasting millennials, but this time, they’re mad that millennials are finally dipping their toes into the stock market. Mobile broker Robinhood is usually their tool of choice.
We’ve heard from a lot of our traders that the 6-Candle rule has completely transformed their trading and given them more confidence in their decisions. This rule will take some discipline to implement, but it can be a total game changer in your trade management.
Learn how retail brokers and direct access brokers compare in the 6 most important categories and how traders can make the most fitting brokerage decisions based on their personal trading style.
