Trading mistakes can be a massive anchor on trading performance yet many traders are not even aware they are making them. Learn from our collective experience and improve your results.
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Stock Trading Systems – How to make money trading stocks
Trade profitably by learning to build stock trading systems that match your personality, objectives and ideal lifestyle.
Can ANYONE Learn to Trade Stocks Profitably?
If your stock trading is not profitable yet, then you need to understand what it takes to make money trading stocks.
I believe anyone can learn to make money trading stocks, but there is a catch – watch this video to discover what it is and make sure you are setting yourself up to be a successful, profitable stock trader.
Why You Have To Face The Stock Market When You’re Feeling Lazy
A HUGE trading mistake that many traders make is not following their trading rules consistently. This will sabotage your long term success and prevent you from achieving your stock trading goals.
How to get past your fear in trading
Fear causes many retail (and professional) traders to second guess themselves, exit trades too early, skip trades they should take.
This happens because none of us want to lose money trading and when the market gets volatile or starts falling it is all too easy for this fear to impact your trading psychology and hurt your trading decisions.
Letting any emotions get in the way of your trading is a mistake and will cause you to lose money trading.
The best solution to eliminate this trading mistake is to have a correctly backtest and profitable trading system that you have 100% confidence in.
How to Decide When to Trade With Each Trading System
If you have not backtested different ways of turning your trading system on and off in different market conditions then you could be leaving a lot of money on the table OR suffering big drawdowns and losses unnecessarily.
The biggest trading mistake you can make with winning trades
Winning trades can feel like riding a zip-line… particularly if you trade stocks using trend following (trend trading system).
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There can be a feeling of nervous anticipation just before taking a trade, and when the trade is moving in your favor you never want it to end…the hope that it will go to the moon sometimes gets the better of us. In the cryptocurrency space they say HODL or hold on for dear life. But this is a HUGE trading mistake.
How to use the Amibroker backtest report for your trading system
Backtesting is one of the most powerful tools stock traders have to evaluate the performance of their trading strategies, trading ideas and entry and exit signals.
Manual backtesting or paper trading is just not sufficient to get a real understanding of how a system performs and is way too time consuming. Automated backtesting using Amibroker is extremely fast, allows you to generate thousands of trades over decades of market history quickly and easily. Plus Amibroker provides a comprehensive performance report with statistics and graphical outputs to help you understand the performance of your trading system.
Stock Market Character – Are you making this HUGE mistake?
Every market has a different personality and this is critical to being profitable in a new market you enter into. Trading System design starts with understanding the way each market behaves.
What to do when you are itching to place that trade
When you ALMOST get a buy signal or sell signal and you are really itching to place that trade, or when you are waiting and looking for extra trades to take, watch this video first.