Blog

In our everyday lives, there are some numbers that hold significance. When we turned 16 years old, for example, we could earn a license to drive. When we turned 18, we were allowed to vote. When we tu ..

Have oil prices stabilized? What’s the impact of the Federal Reserve’s decision on interest rates going to have on stock prices? Will a slump in housing sales lead to a severe economic slo ..

Novice traders often hold an erroneous belief that traders are natural-born, and thus, by instinct, they can handle anything the market throws at them. Natural born traders see good trade setups insti ..

The best traders are not self-conscious about their mistakes. They don’t regret past mistakes or worry about the future. They live in the moment and are ready to take new chances to reach new he ..

Are you having trouble sticking with your trading plans? It’s a common ailment among novice traders. There are a variety of reasons for abandoning a trading plan. Newbie traders, for example, ma ..

Successful traders are disciplined. They are calm and rational.  They don’t let emotions like fear or greed unduly bias their decisions. They formulate well-defined trading plans and are able t ..

Jack has been having a bad month. He can’t seem to make a winning trade, and it is gnawing at him. He is starting to panic a little. As his account balance diminishes, he decides to take precaut ..

If you’re like most traders, you’ve worked long and hard to build up trading capital. Putting it on the line, even small amounts at a time can be difficult. But losses are commonplace in t ..

Jim is having trouble trading consistently. His account balance rises and falls sporadically, and he experiences a rollercoaster of emotions. He plans his trades, but he doesn’t stick with his p ..

On the popular sitcom, “That ’70s Show,” Eric asks his father, “Bad things always seem to happen to me. Why do I have such bad luck?” His father replies, “Son, you ..