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Trading Mastery 3: Thinking Traps
By Loopholes Singapore  •  March 24, 2021
No one can stress you up more than yourself Let’s face it, trading does not always make sense because the market often punishes and rewards the wrong people. In essence, trading feels a lot like gambling even when you try to convince yourself that you are following a legitimate strategy when deploying funds and trying your best to understand the fundamentals of a company. On the other hand, there will always be gamblers in the market who happens to benefit from riskier moves like buying at a high or even holding when signals are pointing towards a downtrend. These constant mixed feelings and thoughts cause traders to constantly doubt themselves and potentially derail them from their original strategies. In this week’s post, we will be focusing on how we can manage our thoughts and prevent ourselves from being trapped when we are trading. Allocate a fixed amount of...
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By Loopholes Singapore
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