Paul Tudor Jones – Most Important Part of Any Trade is the Risk

Too many investors worry about looking for that magical entry or magical indicator. Paul Tudor Jones stated that most important part of any trade is the risk. Without proper risk management a trader fails. Traders ( trend followers) need to focus on the money that they have at risk and how much capital is at […]

The Psychology of Trading -Discipline

The psychology of trading is one of the key aspects if one wants to succeed in trading. The key point of the psychology of trading is discipline. As I have stressed repeatedly, most traders fail. More than 90% fail.

Most traders don’t have the discipline to stay focused on a single goal for five, ten, […]