TraderPetri Archives - Page 3 of 8

Monster losses, what went wrong?

Petri Redelinghuys 21 March 2017Latest, TraderPetri

Well, I got a little too big for my own boots over the last week or so. Being back in a day trading seat has been truly epic and very exciting for me, although I had almost forgotten how difficult it was. I started off with basically two weeks of being green every day. The ...

Never give up

Petri Redelinghuys 7 March 2017Latest, TraderPetri

Many a moon ago, a long and winding tale began. The formative parts of this particular tale were poorly documented and therefore were (and will remain) unshared - lost forever in the haze of time. Then, on 2 February 2011, a tweet was uncaringly fired off into thin air, with no-one listening. Training training training! ...

Take that leap

Petri Redelinghuys 21 February 2017Latest, TraderPetri

More than a few times in my life, I have thrown caution to the wind and taken a giant gamble to pursue something I was passionate about. Often I have felt that the price that I’ve had to pay - the toll it takes, the impact it has - has been too much to bear. ...

Setting trading goals

Petri Redelinghuys 7 February 2017Latest, TraderPetri

I believe that setting goals for yourself is a very important part of life. It helps to keep you focused and on the right track. So when unexpected opportunities come across your path, you have the privilege of deciding whether or not that opportunity will get you closer to your goal. Setting goals for your ...

Persistent, patient and conservative

Petri Redelinghuys 24 January 2017Latest, TraderPetri

Persistence, patience and conservation - these are three intertwined concepts that I think are key ingredients to becoming a consistently profitable trader. I’ve found myself, a few times over the last couple of months, thinking and even saying that I should be trading bigger. “I’ve taken a 100 point move on the DOW, if I ...

Ready for 2017

Petri Redelinghuys 13 January 2017Latest, TraderPetri

December is now behind us and the new year is in full swing. At first I thought that I would work all the way through December and not take a break at all. But then I got lazy and my brain sort of turned into mush for a few weeks. It is only now that ...

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 ...