(03-14-2021, 12:52 PM)Shannon Wrote: I would actually love to do a sub like this, but there are a few important considerations to make, including, I have to know and understand enough about all the types of trading to feel comfortable making this. I'm working on it.
That's good Shannon, I'm glad you taking an interest. At the end you will most likely find that most successful traders are garnered by a successful way of thinking and behaving. They obtain similar attitude. That's the kind of sub I am hoping you would build.
Whether the trader is trading short term or long term whether he uses chart or news or some other fundamentals or automated trading, whether he trades stock, currencies, commodities, indecies crypto..... They all will definitely benefit from the correct mindset to trade.
A sub that fixes problems like
- Loss aversion
- Sunk cost effect
- Disposition effect
-Outcome bias
Sorry if you still not familiar with these terms, but there is no way in the financial world that some of these effect are beneficial to some market assets and not beneficial to some others. It's simply not good for a successful trader
