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Our common-sense approach to decision making often works quite well, but there are times when we arrive at decisions that are just plain wrong. This has led some psychologists, such as Amos Tversky an ..

When trading the markets, making a quick and decisive decision can be difficult. There are many sources of information to sift through, and many times, you don’t actually know if you’ve made a goo ..

To those who want to take home big profits, trading isn’t a hobby. It’s a serious business. If you want to make profits consistently, you must have respect for your trade. You must treat e ..

Traders often walk a tightrope between overconfidence and a lack of confidence. On the one hand, the overconfident trader may take unnecessary risks and make trades on impulse. But at the other extrem ..

Some people like facts and figures; others prefer trusting their intuition and looking for artistic expression in the trading realm. But the profession is big enough for all kinds of traders. Each typ ..

In the trading business, it’s prudent to take everything you hear with a grain of salt. Our field is full of false prophets who claim they can make you rich quickly and easily. Realistic sceptic ..

There are times when our judgment is cloudy. Perhaps we want to win so badly that we optimistically see trading opportunities that aren’t there. At other times we may be so stressed out, busy, a ..

In this column, we often summarize research studies from the emerging field of behavioural finance.  In contrast to traditional finance and economics, which tries to look only at concrete indicators ..

The winning trader stays ahead of the crowd. In ever-changing market conditions, it’s vital to think of new, innovative trading ideas. But it isn’t always easy. There are times when you fe ..

There are times when your success depends on thinking outside the box. In a strong bull market, where the masses are ready to invest, it’s easy to ride the wave and take advantage of the trend. But ..