How Traders Can Beat the Dunning-Kruger Effect
There’s a certain mental problem in trading that affects small-account newbies and billionaire trading veterans alike… To understand this, we must turn to the field of psychology, where there’s a phenomenon known as the Dunning-Kruger effect. The Dunning-Kruger effect...Personal Money Management for Traders
One of the most important aspects of trading is also one of the least talked-about… Everyone wants to talk about charts, setups, entries, and exits. And while there’s nothing wrong with that… You can master every technical skill of the stock market … but if you fail...Study Habits: The One Trait All Great Traders Have in Common
Ever wondered what winning traders have in common? Well, today I’ve got the answer for you… The best traders I know all have one thing in common … they study constantly. And this doesn’t only apply to traders. The best practitioners in any field or career study their...The Pros and Cons of Being a Trader
When I started trading, I didn’t know anything about the stock market. At first, I was a general accountant with dreams of being a professional trader. But I wasn’t sure what was in store for me yet… All I knew was that I wanted to be my own boss and that if I...The Work-Life Balance for Professional Traders
There are traders I know who suffer from one-track minds … they care about the market (and the market only). Spoiler alert: This isn’t the best way to go about trading! While it’s great to be passionate about trading, there’s a fine line between healthy studying and...
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