Trading Psychology

Pit Trading

10 Mar: History of Pit Trading

The CME shuttered all pit trading activity after almost 170 years. And with it died the pit trader  a very stressful but lucrative job characterized by harsh competition, frenetic screaming and hand signaling among men exchanging billions of dollars worth of commodities per day. Let’s go back in history to remind us how it was back then before everybody started to hide behind a computer screen.

Trading Mindset

02 Mar: Trading Mindset

How to get the right trading mindset for success ? The first thing one must realize that this is an internal search. One must learn what is holding you back in being a successful trader. only when we have such an awareness we are able to change.