How to be more humble — and why it matters so much

Now that we’ve all gone through the ritual of making and then almost immediately abandoning our New Year’s resolutions for the 18th year in a row, there may be a more appropriate self-improvement project to consider: humility.

A Guide To Stop Losses

“Whenever I enter a position I have a predetermined stop. That’s the only way I can sleep at night. I know where I’m getting out before I get in.”- Bruce Kovner

5 Stop Loss Strategies

When you enter a trade a stop loss is the exit tool you use to know when it is time to get out of the trade because you are losing money. A stop loss is the tool you use to prevent a small loss from becoming a big loss. This is one of the most important elements in your trading as big losses are the primary driver of unprofitable trading.

Why Big Wins & Small Losses = Profitability

“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.” – George Soros Looking at the below chart you will see that the bigger your wins are versus your losses the lower your winning percentage can be and you […]