Recent content by Barry Lutz

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    Psychology Consecutive Losses and the Trading Psychology Spiral

    You go long and the market immediately goes down - you go short and the market immediately goes up. That's 2 consecutive losses, and you are getting a little 'anxious' so you don't take the 'next' trade. Of course, this trade is a winner. Now to make the situation worse, you then 'chase' the...
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    Getting Started Money Management Paper Trading and the Transition to Real Money Trading

    Paper trading is widely discussed regarding its merits, and whether it is of value to a trader as they try to make the transition to real money trader. One viewpoint is that since paper trading is not real, the profits are meaningless, and are no indication of real money profitability. An...
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