Most traders are constantly searching for new trading techniques and methods to improve their performance. They try to determine which strategy works best for a certain instrument, time period, or market condition. This process needs commitment, practice, and mistakes made on the way. Trading is a risky activity and even the most experienced traders face … Read more
Much has been said about the importance of keeping a trading journal. Despite this, it seems that traders still underestimate the value of evaluation of their own performance. Let’s focus on the most essential metrics you should think well through. Win Percentage Win Percentage is an easy to understand concept. It reveals how many of … Read more
Today’s article discusses a drawdown. What is it? How to assess it and what do you need it for? The answers to these questions you will find below. The drawdown description In the trading world, the drawdown is a decline from a peak to a trough over a certain period of time for a specific … Read more
Trading is a serious and risky business. When you begin your journey with trading, you must realize there is always risk involved. However, I have some good news for you. There are some tricks that can help you to manage losses and ensure more peace of mind. What are they? Read the article and you … Read more
There are undeniable differences between men and women. This subject, however, should be considered with care. We cannot allow stereotypes to come in a way. We have to study real research and evidence. These will reveal whether there are any discrepancies between the two genders concerning the trading world. Men versus women Who dominates the … Read more
Every trader has probably heard that he should read the analysis. The truth is, you really should. However, it is no less important to know why you are doing something. Today’s article will try to respond to the question ‘why should a trader read analysis?’ Know what is coming There are plenty of events that … Read more
What are you taking into consideration when you evaluate your trading session? Some traders tend to look only at the percentage of the winning trades. But more wins than losses do not necessarily mean, you end up with a profit. One more component to take into account is the quality of your gains and losses. … Read more
Trading seems attractive to many because people think this is a fast and easy way to get rich. Well, it is possible, but let’s not fool ourselves. Trading is hard work. You need to invest your time and practice a lot. The key is to be a better trader and you can achieve it by … Read more
Paper trading is a method of self-study that will help you become successful in trading. It is very popular even in some big companies where the first task they propose to the newbies is to take a notepad and write all the important things down. You may wonder why do you need a notebook? What … Read more