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Winning traders are eternal optimists. They must be to survive. Markets are constantly changing. What works in one market doesn’t necessarily work in another. You can’t complacently expect ..

Two keywords you often hear in trading are consistency and discipline. A winning trader makes consistent profits. Here’s what that means. In contrast to seasoned traders, novice traders’ e ..

The winning trader is a consistent trader. A winning trader puts on trade after trade in a free-flowing, carefree manner. Profits pile on with each trade. Trading consistently means approaching each t ..

Sergeant Friday on the 1950s television drama “Dragnet” was fond of sticking to “just the facts.” Many police officers look at the world from a strict rule-oriented point of vi ..

Jim asks his friend, Marty, “Where have you been? I’ve been waiting for 15 minutes. They are ready to give our lunch reservations away.” Marty nervously replies, “Sorry Jim. I ..

Whether you are a long-term investor or a short-term trader, you must look through reams of information, such as charts, analyst commentaries, and financial statements, to arrive at an astute decision ..

The self-confident trader is decisive. He or she carefully plans a trade, patiently waits for the ideal market conditions, and executes the trade effortlessly and flawlessly. There is no self-reproach ..

Joe tells his friend, “I’m staying out of the markets for a few days.” “Why?” asks Tom. “I can’t trade under these conditions. I’m going to wait for the markets to change,” answers J ..

Top-notch traders don’t follow the crowd. They lead it. They anticipate what the masses are doing, and capitalize on how they are mindlessly swayed by the current mood of the markets. Seasoned t ..

You can be highly motivated to trade, have limitless capital, and a foolproof trading strategy, but if you don’t devote your full concentration to the trade that you have on at the moment, you’ ..