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Trading isn’t easy. The winning trader must continually search for trading strategies that will produce a profit, and it seems that after one strategy is discovered, it stops working, and the se ..

Earl just quit his job. He’s going to trade full time. But his wife is sceptical. “How are we going to survive? We need to have $100,000 a year to maintain our standard of living,” s ..

Common sense tells us that prudent decision-makers are realists, rather than people who deceive themselves into believing that false perceptions are actually true. The markets are one place where the ..

When you execute a trade, you can’t let your confidence waver. It’s just like when a professional athlete tries to make a winning play. He or she can’t suddenly lose faith and back o ..

One of the biggest obstacles to achieving a goal is having an unrealistic plan, a plan that is unlikely to work even with luck on one’s side. It may seem a little cynical, but trading is a profe ..

Bill went to bed early last night, woke up early, and is excited about starting the trading day. It’s a cool, sunny day, and Bill can’t help but feel rejuvenated. After a quick run, he can ..

As you trade, do you ever just think, “It’s all just random, why even bother trying at all?” If you passively think you have no control, you may end up making less money according to ..

Did you ever watch those old Rambo movies where he was able to think quickly on his feet and perform remarkable feats? It was more cartoon than reality, but we often hold ourselves up to such fanciful ..

Trading is fast-paced. The markets can move rapidly, and it is sometimes necessary to react quickly and correctly. Depending on your experience and natural inclinations, however, making the right deci ..

21.1 – TER savings  I probably should have discussed this in the last chapter itself, but don’t know why (and how I missed it). While we discussed TER, Direct, and Regular plans, I should have pe ..