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May 21, 2017

Trading or Investment Slumps - The Best Cure (Video)

By EconMatters

We discuss how best to deal with Trading or Investment slumps in financial markets in this video, when you always seem to be Zigging when the Market is Zagging, and vice versa in the throes of a batting slump. There usually is a psychological component to losing consistently in the market if you were at one time a profitable trader. But ultimatetly it comes down to Direction and Timing, get those two things right, and the psychological aspects often become less significant in the losing equation.

Never underestimate the power of Momentum, it is the reason coaches call time outs in sports. Likewise pay attention to Behavioral Ruts, as humans are often very routine based thinking creatures that park in the same place everyday at work, etc. and can get into Bad Trading Behaviors or Patterns that they repeat over and over and need to be broken through a change in Trading Conditioning.

By the way, there are even Trading Algos set up to trick Traders that fall into bad Trading Patterns to bite on false breakouts, top tick retracement moves in a downtrend, or get too enthusiastic at trading a Defined Trend. Trading it can be said is one of those professions that is the hardest easiest way to make a living in the world.

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Item Reviewed: Trading or Investment Slumps - The Best Cure (Video) Rating: 5 Reviewed By: EconMatters