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Don’t let creative journalists or analysts convince you into thinking about the market as a marathon runner: “Every bull market has to pause and get its breath once in a while before it sprints hi ..

Many novice traders ride an emotional rollercoaster, feeling euphoric bliss after a win, but overwhelming disappointment after a loss. Experienced professional traders, however, stay calm and relaxed ..

Sometimes traders run hot, but sometimes they run cold. The factors that influence this fluctuation in performance are varied. As a trader, you may have a bad day or week. Or market conditions may not ..

“How many novice traders succeed?” asks a would-be trader of a group of seasoned experts. “Of the 40% who last about a year, only one or two become consistently profitable,” an ..

Becoming a winning trader isn’t easy. Few make it, and of those who achieve profitability, few realize enduring success. There are numerous stories where traders put in a heroic effort and are r ..

“I’ll worry about it later.” When trying to deal with the fact that we must eventually cope with an onerous, unpleasant event, such statements help us get through life. We often put off things w ..

Why do you trade? What motivates you? To many traders, the answer is obvious. We trade to make money. Many traders, however, say that they would trade even if they merely earned a livable wage. For ex ..

Do you ever dream about winning the lottery? There are actually people who have such good luck that they repeatedly enter contests and win. They win so often that if they wanted, they could count on w ..

After months of trading in a slump, Jake tells his best friend, “I think I want to quit the trading business. Why am I doing it? There must be a better way to make a living.” Have you ever ..

If you want to become a winning trader, you must be willing to face loss after loss without letting it get you down. Upon facing a loss, our first inclination is to feel disappointed, but how you reac ..