Garth MackenzieJan 93 min readTrading PsychologyCalculating Position Size - Start small and wide, then big and tight.Sizing your positions correctly is one of the most important aspects of risk management in trading.
Garth MackenzieSep 21, 20236 min readTrading PsychologyLessons from a poorly considered classic car purchase This article is a humorous look at a my recent mis-guided purchase of a classic car, and bad trading habits. The parallels are pretty...
Garth MackenzieDec 15, 20213 min readTrading PsychologyTrading to win vs trading not to loseMastering the art of trading stocks is like playing poker. Learn how to cut losses and maximize winners to succeed in the trading world.
Garth MackenzieSep 10, 20212 min readTrading PsychologyTrading Psychology - Acceptance of the distribution of trade outcomes Don't expect every trade to be a big winner. Don't place unreasonably high expectations on every trade. Know the stats.
Garth MackenzieMar 30, 20214 min readTrading PsychologyTry to avoid bias in your trading Nimbleness in trading, is like a jetski compared to a super yacht. We need to be able to change direction quickly when needed.
Garth MackenzieMar 15, 20215 min readTrading PsychologyPatience in trading. Trading shares a lot of parallels with fishing Trading is like fishing: Cast your line in the right sectors, use the right setups as bait, be patient, manage winning trades, bank profits.