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Jack just abandoned his trading plan and ended up making a losing trade. He thinks, “Why did I do it again? Why can’t I stick with my plan?” He feels guilty. He’s kicking himse ..

Last night, it all seemed so simple. You had a trading plan all worked out. The stock should dip to $50 around noon. You would patiently wait, buy it, and sell when it hit 52 later in the trading day. ..

In the trading profession, profits are hardly a sure thing. Even the most seasoned trader makes a big mistake occasionally and pays the price. Professional traders at large financial institutions, for ..

Trading is a demanding profession. If you are a novice trader seeking consistent profitability, you have your work cut out for you. Many people are attracted to trading, but few actually become profit ..

Seasoned traders aren’t afraid to go with their gut instinct. After years of experience, an astute trader’s gut is the unconscious integration of all essential market information, the mini ..

On Thursday, tech stocks took a dive. Mark lost $5000 on his AAPL position alone. It’s Friday morning, but he still feels guilty. He can’t get the losses out of his mind. He has been tryin ..

“How the Grinch Stole Christmas” by Dr. Seuss is a parable of modern life. The Grinch sneaked into town and tried to ruin everyone’s Christmas by stealing the presents and materialis ..

In the movie “Wall Street,” Gordon Geckko argues, “Greed is good.” Greed can motivate you to strive for perfection and keep you persisting in the face of adversity, but greed h ..

Have you felt under extreme pressure while putting on a trade, and found that you just couldn’t think straight? You questioned your trading plan, and suddenly, you hesitated at a critical moment dur ..

The outcome of a trade is never a sure thing. There’s always an element of chance. When going long, for example, all indicators may suggest a strong and solid trend, but it’s possible that ..