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Many people think the best way to cope with unacceptable ideas is to pretend that they are irrelevant and just don’t matter. It seems easier to deny the unpleasant or unacceptable than acknowled ..

When you put your money on the line, there’s a strong need to seek out perfection. Many novice traders believe they can get everything just right. They believe that they can locate infallible in ..

The winning trader has an intuitive feel for the markets. To trade profitably one must execute a trading strategy under ideal market conditions. If market conditions don’t match the strategy, th ..

Professional athletes practice extensively in preparation for a game. It’s critical to be well prepared, ready to perform at your best, and ready to take care of anything that may come your way. ..

Jim has just purchased 500 shares of a hot new company he’s liked for years. In a calm and rational manner, he notes that a set of momentum indicators suggests the price will keep moving upward. Des ..

Have you ever been at a party and felt a need to impress others. Many see trading as an exciting profession. It’s a glamorous job. Traders are seen as rich and powerful. People like to hear abou ..

How do you react to unanticipated events during the trading day? When you are trying to put on a position, are you upset when you can’t get a complete fill? When your DSL line goes down, do you ..

When you ask most short-term traders if fundamental analysis ever plays a role in their decision-making, they usually roll their eyes. For the most part, this indifference is justified, particularly f ..

Our emotions are closely tied to our expectations. If we expect to receive love and affection from our spouse after a long, stressful drive through an extra 60 minutes of rush hour traffic, we are ups ..

John has been looking at a profitable trade setup all day. He has tediously studied indicator after indicator, even though many are redundant and converge. He continues his search, nevertheless. He ir ..