Emotional Stability

Emotional stability is not limited to trading. Success, regardless of what you are doing involves emotional stability. Absent such, you'll simply make emotional decisions. Decisions that are less a function of the facts before you and more about what you are feeling. In other words, the more emotional your decision making the higher the probability of…
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Market Psychology

Market psychology is different than trader psychology. Different in that the former is the summation of the latter. Said otherwise, the trader psychology for all participants, when combined, creates a market psychology. One constant throughout the history of the capital markets is that of psychology.  Market psychology is the basis for chart patterns for example.…
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Trading Psychology

What Is Trading Psychology Trading psychology is a hot topic. Though most support the importance of understanding this aspect of trading and investing, a small lot of individuals do not. In fact some think it's simply an excuse for poor performance. Personally, I side with the majority in this regard. I believe trading psychology is a…
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Trading And Life Parallels

Trading can be one of the most cutthroat businesses. Where we are taught that the market does not care about our losses, our sacrifices, or the hardships this business can bring upon us. Yet truly successful traders are forced to take a deep, exploration of their inner-self, their psychological makeup. Seems a bit ironic to me but…
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