The Psychology of Losing Trades
A coin-flipping exercise explores losing trades, expectancy, and how traders respond to a sequence of outcomes.
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Articles by Simon Klein on trading plans, journaling, psychology, and following a professional trading process.
A coin-flipping exercise explores losing trades, expectancy, and how traders respond to a sequence of outcomes.
Read articleSimon discusses market-reading education, the trading process, and the importance of a written trading plan.
Read articleThe Trading Plan, Trading Log, and Trading Journal support a 12-step process, illustrated through two trading scenarios.
Read articleAn original journal entry and a trading-floor story explore the consequences of breaking trading rules.
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