1. Trading Psychology - Following the Plan
(Matching tags: Trading,Trading Psychology,Education)

Let's say you have made a detailed trading plan.  You know the exact criteria or "rules"  you will use to place a trade.  You have a checklist to make sure you follow each of these rules.  You have a money ...

2. Trading Psychology- Recency Bias
(Matching tags: Recency Bias,Trading Psychology,Education,Trading)

... and to place less importance on less recent trades.  This phenomenon is not limited to trading of course.  Another example would the history of the all star game in Major League Baseball.  If you asked ...

3. Trading Psychology- Drawdowns
(Matching tags: Drawdowns,Trading Psychology,Trading)

Trading psychology is the most important aspect of a trader's success.  This may surprise some readers, specifically those that are new to trading.  However, the psychological makeup of a trader is more ...