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Jake thought that he had it all figured out. He would buy 500 shares of a stock when the price hit 50 and sell when it reached 51. Maybe it wasn’t the most thorough trading plan but it was a pla ..

Have you ever been caught off guard in the midst of a trade? In an instant, you may lose control of your emotions? It may not happen all the time, but it does happen. Consider the basic scenario. You ..

When your money is on the line, it’s hard to avoid feeling a tinge of fear with every minute you’re in the trade. Some traders crack under the pressure. They panic and lose the ability to ..

We’re always in a rush these days. There’s too much to do and not enough time to do it. That’s the credo most people live by during these uncertain and stressful times. Many novice t ..

Traders have the freedom to work for themselves and on their own terms. Yet many traders have trouble remembering this fact. In a competitive world where most people define their self-worth based on h ..

Jake is worn out. He has made trade after trade all day. After a solid six hours of searching for opportunities and executing the trades he had developed before the open, he now can barely think strai ..

Do you ever wonder if you secretly want to fail? It’s hard to believe, but some people do want to fail. They may not want to do better than their parents, and secretly, they set themselves up fo ..

Have you ever sat looking at your screen for an hour and had no idea what to do? In the back of your mind, you start to think, “I should be doing something.” As an active trader, you may b ..

Stan has been looking at his screen for the past 20 minutes. He is a little tired and bored. He wants some action. He figures, “I might as well buy a few shares of the QQQ. It is bound to go up ..

You’ve been watching a stock for three hours and you tell yourself, “It seems to match perfectly to the first two waves of an Eliot Wave pattern.  I’ve seen this before and I’ ..