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The markets are often chaotic and uncertain. It is often unclear what will happen next. The astute trader is aware of this uncertainty and takes steps to prevent it from adversely influencing trading ..

Trading requires discipline. A trading plan is of little value if you abandon it prematurely. The disciplined trader executes a plan and controls his or her emotions until the plan comes to fruition. ..

Self-control is often the key to trading success. Masters of the market are disciplined. They don’t sporadically act on a whim. They develop specific trading plans and follow them. Trading is la ..

When your money is on the line, it’s difficult to remain calm, rational, and in complete control. What happens if you lose? How will you recover? It’s natural to become consumed with self- ..

The most profitable trading strategies are innovative. You cannot merely follow the crowd or think conventionally if you plan to make profits in the market aftermarket. You have to sift through inform ..

Don’t follow the crowd! You’ve been warned over and over. It seems easy, but it’s harder than it looks. We are all familiar with the rebel, the person who breaks all the rules and is ..

In the past two weeks, the markets have been choppy. One moment it seems that prices are tumbling; the next moment, they seem to recover. And then some new earnings reports come out and prices decline ..

Winning traders cultivate feelings of inner-worth. It doesn’t matter how poorly they do in the markets, they feel that their life has value; their mere existence in the world makes them feel ful ..

It can be said over and over again, “Don’t let your net worth determine your self-worth,” but it is little solace to those people who have spent their entire lives letting their succ ..

Traders who are independent-minded see the most profits. It is hard to go it alone at times. There are times when it is difficult to avoid following the crowd. Humans are risk-averse and they feel mor ..