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If you’ve spent any time around trading, you’ve probably run into the Golden Mean. You may have seen it represented as Fibonacci lines on a price chart. The Fibonacci sequence is a string of numbe ..

When your money is on the line, you can’t help but act cautiously. You don’t want to impulsively gamble with your account, dig yourself into a financial hole, and need to work twice as har ..

The goals we set often dictate our motivation level. In his book, “The Mentally Tough Online Trader,” Robert Koppel (2000) argues, “Setting goals is imperative for the trader to enha ..

With the New Year upon us, it’s time to make plans for the future, and set exciting new goals. Goals can be motivating. When we think of where we want to go next in our lives, and when we formul ..

Trading can be tedious at times. Day in and day out you have to look for market opportunities, and once you find them, you have to put your money and a little bit of ego on the line, and suffer the co ..

As any seasoned trader will tell you, the key to long-term profitability is a flair for devising innovative, new trading ideas. Winning strategies are hard to find. And after one goes through all the ..

Have you ever found yourself frustrated or angry, but didn’t know why? Perhaps you were innocently monitoring a position and the market suddenly turned, and when it did, you watched half of your ..

Winning traders make profits. In the end, the bottom line as a trader is the extent to which you are profitable. If your efforts don’t produce a profit, it is easy to feel as if you have accompl ..

Trading is challenging. It pushes your skills to the limits. And unless you manage your risk carefully, the consequences of a wrong move can be fatal. It’s vital for your survival that you make ..

Jack and John have just started a small trading business. Jack says, “I can feel it. We’re going to make a fortune. By this time next year, we’ll be rolling in money.” John cou ..