The Loss Aversion Bias Can Be Lethal to Your Trading Career
Aversion is a common term in the financial industry. It is mostly associated with risk aversion, which is a situation where a person does not like taking risks in the…
Read More »Wall Street pulls back after last week’s rally with inflation in focus
Original source: https://www.investing.com/news/stock-market-news/futures-slip-on-inflation-fears-eyes-on-powellbiden-talks-2831917
Read More »Different Technical Analysis Patterns
There are many different types of chart patterns in technical analysis. These patterns can show a chart is in an uptrend, a downtrend, going sideways or signal a potential reversal….
Read More »The 2% Rule: Risk Management with no Excessive Restrictions
Risk management is an important concept in trading and investments, we’ll never stop saying that. It refers to the process of reducing risks while maximizing returns. It is a vital…
Read More »Best Books for Financial Literacy
Financial literacy is the ability to understand and apply a range of financial skills effectively. It applies to successful personal financial decisions and management like monthly budgets, saving, investing, and…
Read More »GBP/USD Price Analysis: Bulls seeking a discount and break above 1.3690
As per the prior analysis, GBP/USD Price Analysis: To follow in the euro’s footsteps, 1.3690 is critical, cable has moved in on a deeper layer of supp
Read More »Mental Models: The Best Way to Make Smart Decisions
Mental models are a theoretical or scientific framework used for making decisions based on how someone believes the world works. Mental models start with internal beliefs and can be based…
Read More »Technical Analysis Book List
Technical analysis is a method for analyzing price action on a chart to forecast the probability of the future direction of momentum for trading the financial markets. Technical analysts quantify…
Read More »Calculated Risk
A calculated risk is taken when the probability and size of potential success is estimated along with the magnitude of a possible loss is considered before a decision is made…
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