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The ideal trader personality style consists of a combination of experience, skill, knowledge, discipline, and intuition. The problem with ideals, however, is that they sometimes exist only in our imag ..

Trading is a profession where one must not give up in the face of adversity. “You’ve got to go into the trading day expecting to lose,” is what some seasoned traders warn. It’s ..

20.1 – Expense Ratio In the last chapter, we discussed the ‘Rolling Returns’, and why rolling returns offer a better insight into the return pattern compared to a simple point to point return. C ..

Life is often mundane. It can be drudgery, getting up early every morning, dealing with the hassles of everyday life. And when you are worn out and fatigued, facing the trading day can seem like climb ..

The New Year is a time to renew commitments, make big changes, and live next year as if it is a new beginning. But changes are hard to make. Despite the best-laid plans, it is difficult to make perman ..

If you’re like most traders, you are in this business to make money, big money. In all probability, you are ambitious, independent-minded and ready to take on the world. With this ambition usual ..

Every time you make a trade, you put money on the line. To the seasoned trader, money is just abstract “capital.” It loses some of its significance. But to a novice trader, money represent ..

Many seasoned traders say that cultivating a peak performance mindset is the key to trading profitably. For example, there are moments when everything just seems to click. A trader is in tune with the ..

If you are like most people, you want to make a fortune, and you want to make it now. It is a reasonable wish. Who wouldn’t want to make enough money to make all their dreams come true? But such ..

Jack has just put on a $1,000 trade, which is 10% of his trading capital. He feels he needs this trade to be a winner. He needs to see a huge jump in his account balance. He’s been trading for a ..