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Trading is risky. There are times when you have almost no evidence to put on trade but your gut instinct. For some traders, gut instinct is enough validation to put on a trade. Others, however, need m ..

The human mind is capable of vast abilities. When you are relaxed late at night, sitting in a hot tub, and dreaming of what your future might be like, it’s easy to imagine that you are a super-t ..

Winning traders are calm and relaxed. They don’t put unnecessary pressure on themselves, stress themselves out, and then crack under the pressure. They don’t believe that they must succeed ..

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 ..