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If pushed to do so, most trading experts can delineate the characteristics of the ideal trader: intuitive, yet also logical and objective; spontaneous, yet disciplined; genuinely confident and open to ..

A confident, optimistic attitude is required to achieve lasting success as a trader. Even solid, reliable trading strategies are fallible, and one is bound to face losses. And for the trader without t ..

While trading the markets, there are times when Murphy’s Law says it all: “Whatever can go wrong, will go wrong.” Does this sound a little too cynical? Perhaps, but only if you submit to pessimi ..

Kyle has just embarked on a new trading career. He’s excited and he can’t wait to master the markets and make the huge profits he’s been dreaming of. He confides to a friend, “ ..

If you’re like most traders, you struggle with losses. Your emotions play tug of war in your mind. Losses are a fact of trading, however. Even the best setups and the most reliable methods are n ..

Who doesn’t want to be a brilliant trader? There are those elite “Market Wizards” who have a rare talent for making huge profits in a field where few can excel. It’s understandable why anyone ..

Trading demands decisive action. Executing a successful trading plan often requires that one make a quick decision when optimal market conditions present themselves. But it is often hard to make such ..

Jack has had a bad day. Nothing seemed to go right. Every decision he made seemed to lead to ruin.  He bought at every top and sold at every bottom. At the end of the day, he just couldn’t rela ..

It seems so easy: Find a good setup, place a bet, close out the trade and take home the profits. It may seem simple, but trading profitably and consistently eludes most traders. Trading experts note t ..

In contemporary society, we are bombarded with media images. We see luxury cars, designer clothes, and exotic vacation spots and picture how blissful we would feel if we had these prizes. If we could ..