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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 ..

If you were lost and alone on a desert island, with only a satellite connection to monitor market activity and place your trades, you would probably trade more profitably. What about the emotional sup ..

Many people these days feel pressure to perform. We don’t believe that we have the luxury of taking our time to patiently learn a profession, like trading. Instead, we must do things quickly. No ..

Is there anyone who does not feel at least a twinge of nervousness when he or she initiates a trade? It’s quite natural to feel butterflies when one’s bid or offer is hit – even for someone who ..

Trading is challenging. Many are drawn to trading, but few last very long. It’s difficult to face the cold, hard fact that trading is difficult. Many novice traders need to win. They are hoping that ..

Winning traders approach trading scientifically. They develop hypotheses, devise sound trading plans, and test out their theories by executing a trade and seeing what happens. It’s very systemat ..

“Old habits are hard to break.”  “It’s hard to teach an old dog new tricks.”  These sayings have a grain of truth to them. It’s often difficult to abandon old way ..