This is the third article that shreds the light on the ways to increase the profitability of your trading system. Before you proceed to this step, make sure you are aware of the basics to set a winning strategy up and effectively work with your trading statistics. Thus, these steps will act as a solid base for a successful strategy that leverages your strengths and blocks possible vulnerabilities. The aim of this article is to…

This is our second article on how to be ahead of the market and multiply the deposit swiffer. In the previous article, we considered self-awareness and knowledge of basics that help build a consistent trading strategy (it can let you stay in-game even in the case of 100 losses in a row!). Exactly this is the first step to start earning more. However, it’s only a part of the system that is rather complicated and…

“Know the enemy and know yourself; in a hundred battles you will never be in peril.” © Sun Tzu As we discussed in our previous article, this quote perfectly describes the best trading practices that strengthen your strategy and can help you increase the returns. So, wanna earn 20% instead of 2%? Then, here we go! The first part of the quote – “know the enemy” – in trading means that we should precisely study the…

In our previous articles, we discussed the key reason why 95% of traders lose and shared 4 secrets which can make you that 5% who take the market over and win millions! The core secret is risk management. Still are not sure that it is a holy grail? We are here to prove it and show that simple math works wonders. Let’s review a live example. From this article, you’ll get a clear understanding that…

In our previous article we discussed the key reason 95% of traders lose money and quit trading. The reason turned out to be simple – their trading strategy lacked risk management that is exactly the right tool to stay in-game and multiply your profits. The next question is, obviously, how exactly to be that 5% of traders that reach their trading goals and become millionaires? In other words, how to build a reliable, consistent risk…

Trading without risks is impossible. It is important to understand that there is NO trader who always wins, neither among newbies, nor among professionals. It stays the same even if you use trading bots. Then, what is the difference between a winner and a loser? Any holy grail? Yes, there is one. This holy grail is risk management. Many of us while talking about trading think of profits (strategies, indicators, setups and so on), but…

Nobody likes to lose. It’s an undeniable fact that we should accept. Trading is related to wins and losses that we also cannot doubt about. Thus, having losses and feeling uncomfortable with them is common in trading, however, each perceives it in their own way. And this way of perception significantly influences the results of trading. Here a common mistake appears: The people are not accepting losses. Almost everyone feels more negative emotions having a…

Sometimes you are willing to trade so much that the irritating factors do not matter for you. You want to get into a fight and consider these factors to be unimportant, although they are. And in some cases these factors may play a bad trick on you, making your pockets much thinner. In this article, we consider the major factors that should make you think twice while entering the market. Before reading it, make sure you…

Trading is about numbers. The numbers say that 95% of traders lose money and quit trading. The question is why exactly traders lose money so often and why there is no such scaring statistics for hedge funds? There are no secret strategies or wizards in hedge funds. They are just aiming at long term profitability, as obviously they cannot afford any reputation risks and stupid losses. And the major instrument for hedge funds is to…

Being a young promising area, the crypto world along with the potential profits also brings risks. Uncertainty and volatility are typical of cryptomarket, that is why together with technical analysis and special trader’s psychology money and risk management matter a lot. So, you noticed a great trade, earned, then try to save it and even better to multiply! There are a variety of rules and suggestions regarding this issue, which are usually combined in different…