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Once a trade is entered, there are two possible outcomes: on the light side it can make money; on the dark side, it can lose. Between the light side and the dark side is the breakeven point, and becau ..

As evolved as we want to think humans are, there are times when people can act as mindless as a herd of cattle. It may not be all the time, but there are times when you wonder if people are thinking a ..

Trading the markets can be a mix of excitement and stress. It’s exciting to put on trades. It’s a thrill. You feel energized and thrive on the action. But it’s also stressful. You ..

These days, few traders find it profitable to scalp or trade intraday anymore. Most traders prefer to make swing trades, but swing trading can be boring at times. Depending on your total capital, it i ..

The great trader Jesse Livermore blew out his account more than once in his illustrious career. It’s scary to think about, but if you want to become one of the few who reach the top in this busi ..

The most prudent way to make money trading is to work at it consistently, and through hard work and persistence, make steady profits. ..

Why would anyone want to avoid success? ..

Jim is focusing on a big trade that he’s just put on. He has 25% of his trading capital on the line, and he feels it would be a disaster if he doesn’t see a substantial profit. He can̵ ..

Winning traders make consistent profits. One way to trade consistently is to minimize psychological pressure, and the best way to do that is to minimize risk to the point that the potential financial ..

Jim and Sam, two part-time online investors, are discussing the performance of their stock portfolios at lunch. Jim inquires, “How well did you do last year?” Sam with assurance declares, ..