Tag: Commodities
The Psychology of Trading and the Importance of Risk Discipline
Subconscious biases and emotional tendencies often drive traders to self-sabotage, leading them to make decisions that align more with their hidden desires than their financial goals. Some traders subconsciously “win” by losing money, reinforcing their own behavioral patterns. Additionally, the balance between boldness and caution is crucial; while high-risk strategies may lead to short-term gains,…
Survival and Risk Management in Dynamic Financial Markets
Financial markets are ever-changing. Traders and investors must stay informed, adjust strategies, and be flexible to survive and thrive Don’t focus on making money; focus on protecting what you have Risk management is paramount. Avoid being reckless with your portfolio. Focus on minimizing losses before chasing profits.
