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Become Emotionally Detached from Trading: stay cool under pressure

Become Emotionally Detached from Trading: stay cool under pressure

New traders think they are trading money, and that’s true but the numbers come much later. In the beginning it’s their belief about money they’re trading – the primary emotional obstacle that needs mastering. Our relationship to our money is deep – it’s our security, safety and happiness. When our money goes into the market, a part of us, our psyche, has also entered the market. Our thoughts have connected us to the market – we are the market.
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CFD Trading - Vision, Strategy and Success, 1 Year Deal

CFD Trading - Vision, Strategy and Success, 1 Year Deal

Now is the time to really focus on your approach to trading and Peter Mather's is here to help as your trading guru! Plenty of opportunity for personal help! We're offering our 1 Year TradingLounge Membership special until the end of February.
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Why Keep a Trading Journal

Why Keep a Trading Journal

We show you a quick way to build a routine that becomes the foundation of your success in CFD trading or share/equity investing.
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Australian Index ASX 200 (XJO), BHP, CBA, 7 Dec 2016

Australian Index ASX 200 (XJO), BHP, CBA, 7 Dec 2016

US, Europe and Asia have the same intraday wave count in this current move up as Wave (i). This impulse wave up as Wave (i) has five smaller waves, so after five waves (Impulse wave) comes the counter corrective trend as the abc, a 5-3-5 structure also known as a Zigzag. It is this low of this Zigzag retracement that I will look for to add more positions to indices, not only in Australia but, the US and European indices markets...
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 Last 2 Days – TradingLounge – 6 Months for 3!

Last 2 Days – TradingLounge – 6 Months for 3!

TradingLounge 6 for 3 Months would normally be: US$400. Now US$200!
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Elliott Wave Analysis: ASX 200 (XJO) & Commonwealth Bank (CBA), 13 Oct 2016

Elliott Wave Analysis: ASX 200 (XJO) & Commonwealth Bank (CBA), 13 Oct 2016

Elliott Wave: The Aussie index XJO as a CFD is in the later part of a Wave iv) corrective pattern that should finish today, then push higher into Friday and Monday. This would be in line with...
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Soft Commodities Futures - Elliott Wave - Corn, Wheat, Soybeans, Coffee, Sugar, Cocoa, Cotton, 13 Sept 2016

Soft Commodities Futures - Elliott Wave - Corn, Wheat, Soybeans, Coffee, Sugar, Cocoa, Cotton, 13 Sept 2016

Commodity Futures TradingLounge’s weekly trading system the Weekly Robo System 1 (WRS1) has reversed our short trades to long trades for the main grains. In the Elliott Wave analysis some of the gains have longer term lows in place — we will
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