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The winning trader is a disciplined trader. Basically, that means outlining a definite trading plan and following it. But people differ in terms of their ability to maintain extreme self-control and d ..

The difference between a seasoned, winning trader and a novice, unprofitable trader is the ability to muster unwavering self-control in response to chaotic, ever-changing markets. Trading is a serious ..

John is kicking himself right now. He just made an unexpected losing trade and he feels especially down. He expected to make a killing, and he was looking forward to winning and celebrating big. He th ..

13.1 – Debt jargons As we enter the 27th day of the nationwide lockdown, I hope you and your loved ones are staying home, staying safe. The number of COVID19 cases in India has crossed 17,000 with M ..

Have you ever made a dumb mistake? Perhaps you knew you should have used a protective stop before leaving for two days to take your children on a road trip. You may have thought, “I’ll sto ..

Winning traders are objective and detached from the ongoing market action. They don’t stare at their screens and allow their emotions to move up and down with how well their trades are doing. Bu ..

Seasoned traders stay detached, but novice traders often have trouble achieving this ideal, objective and rational mindset. For example, they take trading losses, and subsequent drawdowns, personally. ..

Stan’s been in a long losing streak for the past three months. He has a severe drawdown. He’s worried and a little scared. He’s been trading for two years, and during the first six m ..

Winning traders approach the markets with a detached, unemotional, and rational mindset. As much as you’ve heard us say it time and time again in this column, though, it probably doesn’t h ..

Even when you’re a short-term trader, making one quick, astute decision after the next, it’s necessary to plan carefully and act cautiously and deliberately. Consider the case of Andy, a novice tr ..