So the first installment of my trading blog, hope to update whenever there's a change of some kind. I have 50k in a Barclays stockbroker account and use it to trade, mainly banking stocks but I sometimes diversify a little. At the start of this blog I can say that I'm in LLOY for 30k at an average of 71p on positions I took out last November. So far this year I've banked about 800 pounds profit on RBS and BARC shares. LLOY current SP leaves me in the red at the moment, but I guess its only a loss...

We as humans have the ability to evolve intellectually and have done so at a rapid rate, but when it comes to emotions we have been unable to change in thousands of years. The saying ‘this time it will be different’ is coming from the perspective of an intellectually evolved civilization, one that is somewhat aware of history, but emotionally has not changed at all to prevent it from repeating.

For proof of this, look at the last several thousand years or so. Many religious leaders...

You may have heard the statement before; the biggest battles traders will face are within. If there was an explanation as to what these sorts of battles are it’s more than likely along the lines of overcoming bad habits, emotional issues, biases, beliefs and so on. But why are these so important to master, and why is it so hard to do so?

I’ll address why it is so important first, as a lot of traders believe that trading should not be so difficult in that if one set of rules works...