by Fred | Jan 1, 2020 | Trading Strategy, Trading Wisdom
Timeline 2009I lost $700,000, or 70% of all the money I had in a trade gone seriously wrong.2010I lost another $100,000 in a failed start-up business. I then decided to go back to trading.2013I reached a low point of $35,000 left in my trading account.But after taking...
by Fred | Jul 1, 2019 | Trading Psychology, Trading Wisdom
10 years ago, I lost a whopping $700k in the market. That was 70% of all the money I had at the time.The details are not that important, but it is something 99% of traders went through, or will go through: a mentally devastating loss. To add pain to injury, as you...
by Fred | Dec 28, 2018 | Trading Strategy, Trading Wisdom
My 2018 Trading Results Alright. I’m not going to lie. 2018 was brutal. Savage.I was up 40%+ at some point this year. And here’s how I ended the year: Yup. Brutal.Anyways. I could blame the market, the algos, Trump, China, and just throw myself a pity...
by Fred | Aug 6, 2017 | Trading Strategy, Trading Wisdom
It’s this period of the year. The first half of the year is over. Which means post-analysis. I absolutely love it. This is the exercise that turned my trading around a couple of years back. It allows me to discover the mistakes I do over and over again, to find...
by Fred | Jul 29, 2017 | Trading Psychology, Trading Way of Life, Trading Wisdom
Are You Currently Struggling As a Trader? Are you currently, despite having some good trades, losing money overall? Don’t worry. You’re not alone. You’re actually in the vast majority. It is a well-known fact, backed by several studies that 80% to...
by Fred | Jul 1, 2017 | Trading Lifestyle, Trading Way of Life, Trading Wisdom
Although I’ve only been involved in the markets for about 10 years now, looking back, becoming a trader had a huge impact on me, and it profoundly changed me. It changed my way of thinking and looking at things, it challenged many of my previous beliefs and...