Building Surveyor by profession intending to reinvent myself as a full time day trader and EOD swing trader.
I previously posted heavily on spreadbettingcentral.com until finding T2W.
Keen user of Sharescope.
F1, Squash, Mountainbiking
- Real Name
- Steve
- Occupation
- Full Time Trader
- Country
- United Kingdom
- Gender
- Male
- Trading Experience
- 1-2 Years
- Trading Work Status
- Full-Time (Home/Office)
- Preferred Trading Style
- Day Trader
- Swing Trader
- Preferred Trading Methodology
- Mechanical/Systems
- Price Action
- Preferred Market Regions
- UK
- Preferred Markets
- Currencies
- Indices
- Preferred Trading Instruments
- Spreadbetting
- Preferred Forex Currencies
- USD
- GBP
- EUR
- CHF
- JPY
- Preferred Trading Software (P-Z)
- ShareScope
- Preferred Direct Access Brokers
- IG Markets
- Interactive Brokers
- Preferred Spreadbetting Brokers
- IG Index
- Preferred CFD Brokers
- IG Markets
- Preferred EOD Data Providers
- ShareScope
- Preferred Realtime Data Providers
- ShareScope
- Favorite Trading Books
- Trading in the Zone - Mark Douglas
Way of the Turtle - Curtis Faith
Trendfollowing - Michael Covell
- Favorite Trading Magazines
- Traders Magazine
- Favorite Trading Tip
- Way of the Turtle
Loss aversion: The tendency for people to have a strong preference for avoiding losses over acquiring gains
Sunk costs effect: The tendency to treat money that already has been committed or spent as more valuable than money that may be spent in the future
Disposition effect: The tendency for people to lock in gains and ride losses
Outcome bias: The tendency to judge a decision by its outcome rather than by the quality of the decision at the time it was made
Recency bias: The tendency to weigh recent data or experience more than earlier data or experience
Anchoring:The tendency to rely too heavily, or anchor, on readily available information
Bandwagon effect:The tendency to believe things because many other people believe them
Belief in the law of small numbers: The tendency to draw unjustified conclusions from too little information
"Human emotion is both the source of opportunity in trading and the greatest challenge. Master it and you will succeed" - Curtis Faith
"In a losing game such as trading, we shall start against the majority and assume we are wrong until proven correct! (We do not assume we are correct until proven wrong.) Positions established must be reduced and removed until or unless the market proves the position correct! (We allow the market to verify correct positions.)" - Phantom of the Pits
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