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.
Do your training (and that includes the drills)
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.
The trader’s gap between novelty and mastery
Join the journey where learning never ends and the destination is real.
Year End Trading Review
Take a moment to review your last year’s trading – it’s not just a question of profit.
Remember your past victories
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.
Building trading confidence
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.
Every time is actually different
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.
Twelve rules to successful trading
Njabulo Nsibande presents his twelve rules for successful trading that he has learnt and that are sure to help new and seasoned traders. He also gives examples of his trend following trading system.
Trading: How to find your own way
In trading, find your own path, but always follow your rules. How do you set rules that let you develop your own trading game?
Trading while battling mental health problems
Trading is a mentally challenging activity, and traders must take care of their mental health just like athletes take care of their bodies.