improve trading discrete collection – Page 2

What’s your trading style?

Petri Redelinghuys 6 December 2016Latest, TraderPetri

Imagine you are a sprinter. Imagine that you are really good at 100m sprints and have a real talent for it. Imagine that you have been training as a sprinter for a couple of years. Now, imagine that on a whim you decided to enter yourself into a marathon – you didn’t train for it. ...

Knowing right from wrong

Petri Redelinghuys 22 November 2016Latest, TraderPetri

Every so often I have to confess a mistake that I have made; and I rather like doing so because standing up and telling everyone that I bombed out on the Rand, or didn’t stick to a stop loss on some or other stock, helps keep me in check and ensures that I stick to ...

Video: Becoming a better trader

Simon Brown 11 November 2016Improve Trading, Power Hour, TraderPetri, Webinar and Video

Petri Redelinghuys believes that trading involves always learning: learning about yourself, trading, risk, discipline and markets. Last year he shared his journey of becoming a trader and he’s back this year to speak to us about how to become a better trader. Petri shares how to identify good and bad educational resources, the different trading ...

Rules save trading lives

Petri Redelinghuys 8 November 2016Latest, TraderPetri

Sometimes the market makes you feel an unusual amount of despair. It’s the little things that can get to you. Making a mistake can wipe out lots of profits that you spent weeks building. That event then influences you in a way that you don’t fully understand and it leads to a spiral of bad ...

Breaking trading rules

Petri Redelinghuys 25 October 2016Latest, TraderPetri

It’s confession time. Two weeks ago I wrote about how I needed a bit of a break from the market after what had been a great run. I ended up not taking that break, because I saw what I believed was a trade setup that was just too great to be ignored. I can’t really ...

Risk management and the rules involved

Petri Redelinghuys 27 September 2016Latest, TraderPetri

Risk management is probably the most important part of trading. I’m sure you’ve often heard that a trader can get half their trades wrong and still make money if they have adequate risk management rules in place. This is actually, believe it or not, very true. Trading is about keeping your losses small and riding ...

Trading with a bias is a bad idea

Petri Redelinghuys 16 August 2016Latest, TraderPetri

I suppose it’s time for me to touch on the subject of biases once again. Currently, I am so biased for the oil price to go higher that I am literally blocking out any and all information that tells me that I am wrong. Right now, I have an oil trade open that is not ...

Positive self-talk

Simon Brown 21 June 2016Latest, TraderPetri

A boxing hero passed away recently and the internet went mad with tributes and messages of support. It sounds silly, but while watching some of the videos of Mohammed Ali in his prime, I noticed something that suddenly makes a lot of sense. He was always talking about, and telling anyone and everyone who would ...

Finding the right space to trade

Petri Redelinghuys 7 June 2016Latest, TraderPetri

Many of the blog posts that I’ve written have focused on the mind set for trading or the emotional impact that trading can have on a person. However, there is another thing that I think is relatively important, that I’ve only touched on once: the environment in which we trade. I believe it can have ...

Waiting for confirmation

Petri Redelinghuys 24 May 2016Latest, TraderPetri

One of my bigger downfalls is that I have very little patience. I like to have the things that I want, instantly. I guess that is part of the human condition. Once you know you want something, you want it, what more is there to think about? Turns out, a lot really. Perhaps the product ...