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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 ..

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 ..