We’ve all been there. Trade 1 stops out, trade 2 stops out and maybe even trade 3 stops out. Not exactly the way you had envisioned the day going before the market opened. But the truth is, down days are part of the business. Don’t ever let someone tell you they ‘never’ lose or ‘never’…
In the world of trading, you have to have strong mental acuity to succeed. Many new traders don’t realize that stock trading is a very mentally challenging task. Aspects like trading psychology require an understanding of your own mind and the minds of others. It’s not all facts, figures and a pinch of luck —…
Read More “5 Key Factors to Building a Strong Mindset for Trading (and Overall) Success” »
You don’t have to be a supporter of Modern Western psychology to understand the power of attraction, i.e., the power of our subconscious beliefs and their manifestations in real time. Everything we do and live is grounded on what we indeed think, feel and believe about ourselves, the world and everything else in between. Our…
Read More “3 Steps to Understanding Why Limiting Beliefs Are Holding You Back” »
These days, everything is hectic. Between the demands of work, personal relationships, and the desire to spend time on hobbies, aspirations, and dreams, it’s hard to find the time to get anything right. Trying to do everything leaves you vulnerable to continually feeling disappointed (in yourself) for not doing better. We are often even attacked…
Invest in yourself. That’s what you are doing when you make knowledge acquisition a top priority in your life. There’s a billboard-size sign hanging in the workout room at my local gym. It says: “Never Stop Moving.” We should all have a similar sign hanging somewhere, even if it’s just in our minds: “Never Stop…
The most famous last words for the average trader: “I’ve got it figured out.” The moment you believe this, you create the conditions for a long and difficult downswing. It’s not superstition. It’s about the way you carry yourself. What you need to know is that when you believe you’ve got everything figured out and…
Stock market recuperation With steady to strong index gains in the most recent week, the stock market recovered. Last week’s stock market trading saw an increase of 0.8 % in the Dow Jones Industrial Average. S&P 500 index increased by 1.9 %. The Nasdaq composite increased by 4.6%. The Russell 2000 small-cap index increased by…
The Reality of Day Trading In many recent interviews with academy teachers, we received a growing number of requests from students regarding interviews with real traders who weren’t marketers. Although there is nothing wrong with marketing your trading success, there is also a bit of biased information out there as everyone competes to say their…
Day Trading. Most people have heard that term before, and it is usually followed with some form of negative comment or reaction. So, what is day trading and is it as bad as people say it is? After trading the markets for over 11 years, I thought I’d set the record straight and not only…
In an active pursuit of happiness and success, people are willing to take as many different roads as they find. While there is nothing wrong with trial and error system, some get lost in trying, without even having an opportunity to make a single error. They get distracted by new ideas time and again and…
