TraderPetri Archives - Just One Lap

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 ...

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 ...

Balance, routine and priorities

Petri Redelinghuys 30 August 2016Latest, TraderPetri

So after three months of trading from home, I have to say that I am absolutely loving it! There are times that I miss being able to trade with the collective millions of a large number of trading accounts. There are also times I feel that the paltry amount of capital I am now working ...

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 ...

Visiting Wall Street

Petri Redelinghuys 29 March 2016Latest, TraderPetri

Wow… where do I start? New York is an amazing place. It has an energy that is impossible to explain. It is vast. It is unlike anything I had ever imagined. Let’s face it though, I am no tour guide and this blog is not about weird people on the subway brushing their hair in ...

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 ...

Trading inspiration

Petri Redelinghuys 20 October 2015TraderPetri

Despite the many challenges that individuals may face while trying to become full-time traders, it most certainly is possible to achieve those dreams. Yes, the journey is fraught with difficulty and, more than likely, a few moments when you question if it is worth it, but it is not an impossible dream to realise. I ...

Sticking to trading rules

Petri Redelinghuys 22 September 2015TraderPetri

Let’s face it, the last few months of market action have been some of the most volatile and difficult that I, and likely many others, have ever experienced. The market has been crazy (for lack of a better term) and has given many, many mixed signals. It has been hard to stay committed to a ...

Focused trading

Petri Redelinghuys 8 September 2015TraderPetri

You’re standing five paces directly in front of the dragon, your sword is steady in your hand. It feels light, almost weightless, and ready. The stench of the hot dead breath washing over you is almost overwhelming. The gargantuan thick scale-armoured beast snaps its fierce head forward in a strike that would see you ripped ...

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 ...