TraderFeed: Your Mental Sharpe Ratio
[ad_1] We are all familiar with the Sharpe Ratio, which calculates the amount of risk that we incur (drawdown) for a given amount of profit. A positive, but low…
[ad_1] We are all familiar with the Sharpe Ratio, which calculates the amount of risk that we incur (drawdown) for a given amount of profit. A positive, but low…
[ad_1] Few concepts in trading are as poorly understood as that of having an “edge”. In a literal sense, the idea of edge–in trading, as in poker–means that you…
[ad_1] Note: The following is from an essay I wrote a couple of decades ago, recently discovered in a stash of old papers. A therapy for the mentally well begins…
[ad_1] The first post in this series emphasized the importance of getting the right kind of help–mentoring vs. coaching–for your trading challenges. The second post stressed the value of…
[ad_1] Many times traders fail to reach their potential because they seek the wrong kinds of help. Early in a trading career, what is needed is mentoring, not primarily…