Keeping a Trade Journal

If there is a single factor that is common to those who fail in trading, it is the failure to keep and make use of an adequate trade journal. Many traders have the idea that the purpose of a trade journal is accounting or bookkeeping, and given this notion, they quickly become bored and abandon [...]

Taking a Loss

Taking a loss is not a pleasant task. No one likes to do it at all. If one is to be an active trader it will become necessary to take a loss from to time to time. It is inevitable that the necessity of taking a loss will face the individual trader.If the decision has [...]