Your trading account is actually an ‘investment fund’ in which you’ve invested. Much like the ETFs you’ve bought, or your RA or pension fund. The only difference is that you’re the fund manager responsible for the returns.

Because it’s so easy to start trading, we often rush off to trade and call ourselves traders. But to be really good at it we need to go through our drills.

Join the journey where learning never ends and the destination is real.

Take a moment to review your last year’s trading – it’s not just a question of profit.

All markets are risky because every trade placed on any market is a probabilistic bet. The key lies in managing the risk.

The reality is that every trader will run into a string of losing trades at some point. A long streak can undermine your confidence, which causes more problems because you need confidence to trade effectively.

To trade successfully you need confidence and discipline. Confidence comes from competence and believing in yourself. Here are some guidelines for building your confidence and competency as a trader.

Pattern recognition is fundamental to learning and understanding the world around us. But trading is about probabilities – believing that you can learn and predict the market obscures the probability.

In trading, find your own path, but always follow your rules. How do you set rules that let you develop your own trading game?