Tag Archives: Trading Psychology

Trading Psychology: 5 Core Traits of Successful Traders

Traders feel equipped as they familiarize themselves the inner workings of stocks and market fundamentals. They may understand the benefits and limitations of technical analysis and can dissect patterns, trading volume and make sense of price movements but it is not enough to become a successful trader. Traders find themselves in high-intensity situations, darting in […]

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 […]

Prepare To Be Unprepared!

Livetraders.com has helped many novice and experienced traders realize their dream of mastering the markets for both income and wealth. However, despite Livetraders.com’s comprehensive educational offerings being among the best in the industry, a large number of traders still fail to realize their goals and eventually quit. With such knowledgeable and experienced instructors, how is it […]

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 […]

Trading Psychology and Speculation

This is an excerpt from the book Reminiscences of stock operator written by Edwin Lefèvre which is the thinly disguised biography of Jesse Lauriston Livermore.This excerpt fully summarizes the mistakes made by most traders, New market participants face this emotion everyday and each trader during his development phase goes through this at one point or […]