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“As a trader, I face failure almost every day. It can be stressful, but at least the objectives are clear: make profits. And they are immediate. I don’t have to make a sales pitch and wait ..

A butterfly flaps its wings …a hurricane strikes miles away. According to Chaos Theory, a seemingly irrelevant action can precipitate, and contribute to, a major event. The right set of factors come ..

Technical analysis and short-term trading go hand in hand. The revelation that one can make huge profits by looking for reliable chart patterns that repeat with unfailing regularity has raised many tr ..

Be a rugged individualist. Think independently. Take the contrary position occasionally. Anticipate changes in market conditions, and be ready with alternative plans.” These are common, yet some ..

Are you the kind of trader who makes mistake after mistake, yet can’t figure out why you just can’t change? Perhaps you don’t follow your trading plan. Maybe you set your stops too c ..

Profitable traders have full control over their emotions. They don’t allow emotions to interfere with their concentration. They focus on the markets, and through focused concentration, they can ..

Dan’s been tracking IBM for five months. He knows the price pattern by heart, its ups and downs, and the conditions that precede and follow each new trend. Now it’s just a matter of psycho ..

In the Mark Twain classic, Tom Sawyer convinced his friends that whitewashing a fence was fun, rather than tedious, hard labour. The moral of the story: What we see as work depends on our perspective. ..

The proper mindset can go far to improve one’s trading results.  Successful traders have a carefree attitude when it comes to trading.  They have little difficulty executing trades. They don’t s ..

Many trading days are full of chaos and stress. Sometimes we are in a bad mood, while at other times, the markets don’t seem to cooperate with our trading plans. It’s natural to crack under the pr ..