THE SUNK-COST FALLACY IN LIFE & TRADING
..Right from simple choices such as one opting to finish a boring movie just because they paid for the ticket? To more heightened cases such as....
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..Right from simple choices such as one opting to finish a boring movie just because they paid for the ticket? To more heightened cases such as....
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EURCHF Evidence of a descending channel as price breaks out of a rectangle pattern is a testament to trading confluence. SUMMARY. Further price action confirmation to signal whether to join a bear market. Disclaimer: This analysis is for educational and
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Professional traders judge their trading performance based on a 6 months-period, or yearly, as opposed to the end of the week, or the end of one month.
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Traders aspiring to achieve long-term success and the financial freedom that comes with making money consistently on their terms and time should follow and mimic the mental traits, attitudes, belief systems, and trading approaches of successful traders and investors that
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You are not financially stable until you have at least two to three streams of revenue. Let that sink for a minute. Any successful person will ultimately tell you that employment is a great way to earn our daily bread,
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Few things intrigue me in this life more than the understanding of human psychology. This was my third time reading Mark Douglas’s book, ‘Trading in the zone’ and I must admit, I have acquired a few more revelations that hadn’t
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You got a cup of coffee set up on your table for today’s hangout? Maybe a bite to it? I’m doing mine without a bite. Because coffee is best taken without an accompaniment, in solitude, or at least that’s my
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I have heard that nothing gives a writer so much pleasure than when his works have been quoted and applied by the readers. On this particular evening, I find myself in a deep conversation with an old friend. ‘You should
Read MoreEURCHF Conventionally an ascending triangle breaks out on the upside. However, one that occurs within a downtrend should be approached with caution. SUMMARY. Patiently wait and follow the price in the direction of the breakout. Disclaimer: This analysis is for educational
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I must admit, it has been a while since I penned down an article, and what better topic to pick up than to demystify some of the biggest misconceptions about the Forex/Financial markets. It is okay for one to be
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