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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

Habit Formation

Popular wisdom says it takes 21 days to form a new habit or break an old one. While recent studies have shown it’s not as clear cut as that, one thing experts agree on is that habits develop over time – and breaking bad ones can take quite a lot of effort.

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LATEST ARTICLE

The impact of behavioural biases, fears and habits on trading

Has FOMO ever led you to make rash decisions? Author and mentor, Robert Van Eyden, shares how our thoughts and habits can affect the way we trade. He explains that sometimes our own biases, fears and habits can get in the way – but there are ways to overcome them. Learn the importance of having an advantage, persevering, and forming good habits. Read more

Written by: Louise Bedford | Analyst,
Publication date:

HABIT FORMATION | FOMO • TRADERS FEARS • BREAKING HABITS

Reading time: 28 minutes | Trading level: Beginner

The mental errors affecting your trading with Simon Russell

Ever wondered what happens to your brain when you’re trading? Simon takes us through how emotions and biases can influence our decision-making and shares the usefulness of developing a strategy checklist. Discover effective ways to manage the mental toll of trading. Read more

Written by: Louise Bedford | Analyst,
Publication date:

HABIT FORMATION

NEUROSCIENCE • BIASES • TRADING BEHAVIOUR

Reading time: 22 minutes

Trading level: Intermediate

Understanding your trading habits
with Luke Mathers

Are you aware of your habits and how they affect your decision making? Best-selling author Luke Mathers chats with trading psychology specialist Louise Bedford on the importance of being curious about your habits as well as how to find your trading trademarks. Read more

Written by: Louise Bedford | Analyst,
Publication date:

HABIT FORMATION

HABIT FORMATION • EMOTIONAL REGULATION • TRADING HABITS

Reading time: 29 minutes

Trading level: Beginner

Rik Schnabel on enhancing decision-making in traders

Rik talks about the importance of developing systems to manage time effectively. He also addresses the emotional aspect of time management and how it can influence our decision-making while trading. Learn how you can implement efficient systems to enhance your overall time management. Read more

Written by: Louise Bedford | Analyst,
Publication date:

HABIT FORMATION

DEVELOPING SYSTEMS • DECISION MAKING • TIME MANAGEMENT

Reading time: 34 minutes

Trading level: Beginner

FEATURE ARTICLE

Creating trading habits for peak performance

Which habits or systems do you have in place to improve your trading? As a trader, it's important to be honest with yourself on things like how you spend your time, how you trade, the things that distract you, your mindset, and other parts of your life. Read on to discover tips on creating good habits and making better trading choices. Read more

Written by: Louise Bedford | Analyst,
Publication date:

HABIT FORMATION | TIME MANAGEMENT • HABITS • MINDSET

Reading time: 7 minutes | Trading level: Intermediate

Debunking luck as the sole determinant in markets

As the saying goes, ‘The more I practise, the luckier I get’. For people unfamiliar with trading, it can be tempting to say success in the markets is purely based on luck. But experienced traders know that is not always true. In this article, trading psychology specialist Louise Bedford steps through three things you can do to increase your probability of being ‘lucky’ in the markets. Read more

Written by: Louise Bedford | Analyst,
Publication date:

HABIT FORMATION

TRADING PERFORMANCE • DISTRACTION MANAGEMENT •
TRADING PLANS

Reading time: 5 minutes

Trading level: Beginner

How to build trading habits that stick

Habits are automatic behaviours that require no conscious effort. Mastering your trading habits helps you maintain focus and build mental strength. Learn from trading psychology specialist Louise Bedford how to develop positive habits that stick, to help you trade more strategically. Read more

Written by: Louise Bedford | Analyst,
Publication date:

HABIT FORMATION

NEUROSCIENCE • HABIT FORMATIONS • TRADING PLANS

Reading time: 6 minutes

Trading level: Intermediate

The power of creating new habits

When it comes to breaking old habits, we can all agree that it’s hard – and the same goes with trading. To improve your trading psychology, you need to pay attention to how you behave. Our habits, or the things we do automatically, can have a significant impact on our success. As with so many things in life, consistency is key. But if you're having a tough time starting a new habit, Louise Bedford shares two ways that have been proven to help. Read more

Written by: Louise Bedford | Analyst,
Publication date:

HABIT FORMATION

HABIT FORMATION • GOAL SETTING • TRADING PSYCHOLOGY

Reading time: 5 minutes

Trading level: Intermediate

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FEATURE VIDEO

Louise Bedford

Learn from our host Louise Bedford how to recognise bad habits and replace them with positive ones for a better chance of sustained success.

Written by: Louise Bedford | Analyst,
Publication date:

HABIT FORMATION | HABIT FORMATION • TIME MANAGEMENT • MINDSET

Reading time: 20 minutes | Trading level: Beginner

Fast growth mindset missteps
with Bill Moore

Understand what cognitive biases are, and how you can manage them when trading. Get professional insights from quant, trader and entrepreneur Bill Moore. Read more

Written by: Louise Bedford | Analyst,
Publication date:

HABIT FORMATION

BIASES • TRADER PERSONA • MANAGING EMOTIONS

Reading time: 32 minutes

Trading level: Intermediate

The habits of successful traders
with Jason McIntosh

Understand what sets successful traders apart. Learn the habits that help them give themselves an edge in the financial markets. Read more

Written by: Louise Bedford | Analyst,
Publication date:

HABIT FORMATION

HABIT FORMATION • MINDSET • TECHNIQUES

Reading time: 28 minutes

Trading level: beginner

JOMO is the new FOMO. Trade with the Joy of Missing Out

Find out why embracing JOMO and letting the market come to you is often a better strategy than letting FOMO steer your decisions. Read more

IG Analyst  
Publication date:

HABIT FORMATION

JOMO • FOMO • DISCIPLINE

Reading time: 5 minutes

Trading level: Intermediate

How to trade consistently without having a perfect strategy

Discover the smart ways to consistently trade financial markets without necessarily having a perfect strategy. Read more

Written by: Warren Venketas | Analyst, DailyFX, Johannesburg
Publication date:

HABIT FORMATION

TRADING STRATEGY • TRADING PLAN • RISK MANAGEMENT

Reading time: 3 minutes

Trading level: Intermediate

How to create a trading plan
in 7 steps

Get expert insight into how successful traders create their trading plans to help set themselves up for success. Read more

Written by: Richard Snow | Analyst, DailyFX, Johannesburg
Publication date:

HABIT FORMATION

TRADING PLAN • TRADING STRATEGY • RISK MANAGEMENTT

Reading time: 4 minutes

Trading level: Beginner

Are your money scripts holding you back?

Learn how our parents’ and grandparents’ attitudes towards money can shape how we feel about trading and investing. Read more

Written by: Louise Bedford | Analyst,
Publication date:

HABIT FORMATION

MONEY BELIEFS • ATTITUDES TO MONEY • BIASES

Reading time: 5 minutes

Trading level: Intermediate

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