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Episode 1: Chasing Losses

Semi-pro trader Luke Ridger shares his experiences of chasing losses and the effective ways he has found to combat the issue

Taking A Loss

Martin Futter's picture
Jun 25, 2015

Some people will read the title of this blog post and shudder, some will know it is a part of the game and have no problem with it.

This may make a few feel better about their £2 red!

From a personal standpoint I do not much like taking a loss but have learnt to find joy in when the market proves you right and you got out at the right time.

Entry And Exit Points

Martin Futter's picture
Mar 31, 2015

What separates the winnings traders from the losing ones?

If you ask me what the number one thing that defines a good trader is (apart from discipline and bankroll management) I would say choosing good entry and exit points. It is almost an art form because hitting the perfect entry and exit point is near impossible. However, hitting ‘good’ and profitable ones is very achievable if you know what to look out for.

Greed – The Enemy of Every Trader

Ryan Carruthers's picture
Feb 11, 2015

Greed can be defined as ‘Intense or selfish desire for something, wealth, food or power.’ So greed is an emotion? Correct, trading is an emotional game; well actually trading is an emotional war with oneself. So you need to be able to detach yourself from your emotions when trading otherwise the dreaded greed will get you and you shall be on a fast ticket to blowing that bank.