Tag Archives: trader psychology

Overcoming a Bad Trading Day

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’ […]

The 14 Emotional Stages Of Trading Psychology

Despite our best efforts to avoid it, there is no denying that there is an emotional rollercoaster that traders ride thanks to the market cycles. Traders want to maximize gains and minimize losses. However, it is easier said than done especially when factors like emotions come to play. And because lifeless robots do not run […]

Killer Thoughts: The Victim Mentality

  How do you view your world? Is it a fantastic place where you can become anything you want, or is it a horror movie that just won’t end? You see, our beliefs and opinions shape our world, not the other way around! People who let their environment control their outcome in life are simply […]

The Confident Trader

Do you ever wonder what separates an average trader from a great trader? In my opinion, there are two very important things that differentiate these two types of traders: Discipline and Confidence. Today, I would like to focus on the latter. Being a confident trader is paramount to succeeding. Quite frankly, without it, it will […]

Being Human: Trader Strength or Weakness

There are many aspiring, as well as seasoned traders out there who are trying to earn a living in the markets each day. However, the vast majority of them struggle to ever make a profit, let alone make enough money to pay the bills. Therefore, if technical charts are so simple and so easy to […]