Trading Psychology

Guest post by Holly Burns   As most of you know, I’m not a trader. I’m a writer and web developer who married (luckily) one of the most patient and knowledgeable traders around, Steve Burns. Steve has taught me so much about trading in the last year that’s it’s hard to sum it up in […]

Never trade so big that you end up watching every price tick even though you are not a day trader. Don’t trade so big you dramatically increase your pulse rate or get the sweats. Each trade should only be one of your next one hundred. Never risk more than 1% of your trading account on

As Jeff Bezos built Amazon into the biggest retailer in the world by market cap, his focus was not on the short game of quarterly earnings to please Wall Street, or small challenges and obstacles that arose from day to day operations. His focus was on the long game, conquering the publishing and retail world—the

Here are the ten key things I have learned that have allowed me to make money in the markets, and some of the characteristics of the best traders I know. The ability to buy pullbacks in uptrends. Buying at the right pullback levels while everyone else is afraid is typically profitable. Selling strength short at

Guest Post by Yvan Byeajee What makes a good trader? This is a question that has undoubtedly been on every trader’s mind at some point. It has definitely been on my mind for quite some time. We all know that a good trader is an excellent risk manager. We know that he also trades a

Here are seven simple ways to move into the top 10% of traders that are profitable long term. 90% of traders do not do these seven things, you can start to do them tomorrow with the right homework and diligence. Profitable traders are trading a winning system based on buy signals and sell signals that

Many new traders turn  into bitter traders because they lose a lot of money. It’s a fact that the majority of active traders don’t make it and leave the  market. Many investors become disillusioned with buy and hold drawdowns and bear markets that destroy their capital. A trader has to not only overcome slippage and

2015 has been a year. The market went from swing trading to a downward plunge so fast and deep that it ruined many traders that were holding long positions with too much leverage. Broker’s servers have made it difficult to trade profitably with many becoming overloaded and failing at crucial times. The stock market’s recent