Whenever I hear traders tell me, "I don't have any opinion, I just trade price action." I always smile. The trader is an idiot!
Man of Mystery 1,189
One of the hardest things to do in trading is to win after losing. A losing streak can be triggered by a number of factors.
Man of Mystery 1,058
It is really easy to fool ourselves into thinking that we have the best Betfair trading methods. Just don't bet yourself up!
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Managing losers is useless and as betting exchange traders we should only focus on managing winners. Find out why?
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Trading is and always will be a game of controlling losses. Some traders are simply a bankruptcy waiting to happen.
Man of Mystery 1,231
Betting exchange trades depend on how well you answer one question. Everything else is commentary.
Man of Mystery 1,065
Value bets? What do we really do as traders? When you strip away everything we end up with just one thing.
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But always use a stop loss. It closes out a position or trade automatically should the price move a number of ticks against you.
Man of Mystery 1,321
What's better? Taking many trades that have a reward to risk ratio of 1 to 5 or taking many trades that have a ratio of 5 to 1?
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Bitcoin Commission Free Trading - How Is It Possible? There will be no transaction fees on any trades on Digitex.
Man of Mystery 1,117
You can be patient with your entries or you can be patient with your exits - but you can't be both. Be selective on price.
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Emotions can have an impact when trading. Nothing says rejection like a stop out. It triggers so many horrible fears.
Man of Mystery 1,106
Volatility stops? Equity stops? Who are we kidding? Do you either chase the move or fight the market?
Man of Mystery 1,184
Selection trading is simple? All you need is a strategy with positive expectancy and the discipline to follow it?
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Be successful. Today. Every happy trader is different but every unhappy trader is depressingly the same.