improve trading discrete collection – Page 3

Emotional trading

Petri Redelinghuys 10 May 2016Latest, TraderPetri

I find that I swing between phases of great, consistent trading and phases of, well, not so great and relatively inconsistent trading. I’ve realised that it has a lot to do with what is happening in my personal life and how these things spill over into my everyday mind set. When things are good (or ...

Should we be trading the news?

Simon Brown 1 March 2016Latest, TraderPetri

The market is driven by traders and investors making decisions based on their unique interpretation of information. Information is the life blood of the market and is delivered in a variety of ways, most notably, the news. News can be anything from company earnings reports to a backwater website in Nigeria reporting that MTN has ...

Adapting to volatility

Petri Redelinghuys 16 February 2016Latest, TraderPetri

Trading this market is like what I imagine living in the Wild West was like all those years ago. It swings violently and without warning, and any hesitation or mistake can get you seriously hurt. Keeping a flexible mind set to switch between bullish and bearish is a vital ingredient to successful trading. However, adapting ...

Slow things down a little

Simon Brown 1 December 2015TraderPetri

One of the major pitfalls that I have found in my own trading is getting stuck in a very short timeframe. I sometimes get so focused on what is happening right now that I almost start living from tick to tick. I tend to forget the longer-term timeframe and the big picture. What I mean ...

Rooting out bad trading habits

Web Admin 17 November 2015Latest, TraderPetri

Some people chew their lips or fingers while others eat pens (I am guilty of this one!). Bad habits come in all shapes and sizes and most of the time we are hardly aware of them until someone points them out. In trading though, our bad habits don’t just annoy those around us, but directly ...

Watch out for over-trading

Petri Redelinghuys 3 November 2015TraderPetri

The more I trade, the more I realise that making decisions under stressful conditions can be a real problem. We are programmed to believe that we need to work for the money that we earn and most experiences reinforce this idea of ‘the harder you work, the bigger the reward’. This is simply not true ...

Protecting my trading confidence

Web Admin 7 October 2015TraderPetri

My last post was about how discipline is the most important aspect of trading. That much is true. In fact, I can’t think of any one thing that is more important to your success as a trader than a really healthy dose of self-discipline. The runner up though, is trading confidence. Without confidence you cannot ...

Getting back to good trading results

Petri Redelinghuys 25 August 2015TraderPetri

A strange thing happened to me when I started writing this. The first post I wrote was an admission of a mistake I had made on Sasol. People seemed to dig that post, so I kept writing about things I’d done wrong because people could identify with them. Times were tough and I felt that ...

Returning to truths of trading

Petri Redelinghuys 11 August 2015TraderPetri

I’ve been thinking about and analysing the trades that I’ve done over the past few months and have managed to come to a conclusion – of sorts – about what has been going wrong. I think the main problem has been that I have allowed myself to take views. In other words; I’ve allowed myself ...

Revisiting my trading plan

Simon Brown 25 July 2015TraderPetri

I’ve been tracking my performance for some time now and recently completed another full year of recording my trading statistics. I am sure most of you are aware that I have been having a bit of tough time in the market over the past three months or so, so I don’t need to elaborate on ...