Trading Psychology

“You do not need a PhD in math or physics to be successful in the stock market, just the right knowledge, a good work ethic, and discipline.” – Mark Minervini Imagine. There’s someone who borrowed a total of $13 million to make a movie. She’s a credit officer at a big financial institution who’s helped […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 16 “…Remember to view setbacks, losses and failures as learning opportunities. All great achievers have made innumerable mistakes and have failed, that is what provided the “experience” and the “education.” – Dr. Woody Johnson Name: Louis Bacon Date of birth: July 25, 1953 Nationality: American Occupation: […]

The share price of Royal Dutch Shell (LSE:RDSA) got shelled today on the London Exchange, falling 1.52% (-26.50) to 1,711.50 after publishing a less than glorious third quarter earnings report. In addition to report a loss in excess of $7.4 billion ($6.1 billion based on current cost of supplies), Shell’s cash flow from operating activities […]

BINARY OPTIONS MYTHS VERSUS REALITIES “To be successful, you must keep in mind that the only way you can continue to operate is to protect your account from a major setback or, worse, devastation. Avoiding large losses is the single most important factor for winning big as a speculator. You cannot control how much a […]

The share price of Shire PLC (LSE:SHP) rose by more than 7.0% today before closing at 4,927.00, 6.9% higher than yesterday’s close of 4,609. In fact, Shire shares sank to 4,592 in early trading, before soaring substantially at 11:00 a.m. to 4,949.00. Shire was one of only 371 gainers on the London Exchange today versus […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 15 “If you like reading biographies on successful people like I do, you’ll notice that they all share one driving force. That force drove each of them forward to overcome the obstacles that threatened to stop them in their tracks.” – Louise Bedford Name: Whitney Tilson […]

We should continue enjoying our Forex trading experiences on trading platforms, with Windows 7 or Windows 8 . Yes, trading remains a fantastic way of life because it is an ultimate ladder to an everlasting financial freedom. There is one female Australian who took a break from full-time farming and began to study the markets […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 14 “Most traders will quit and stay away from trading after blowing up a few trading accounts. But those with grit will constantly reflect upon their actions and seek to better themselves, which separates the winners from the losers.” – Rayner Teo Name: Martin Schwartz Year […]

“You can’t congratulate yourself on your wins. Just like you can’t despair over your losses. Success is not one event. Too many one-hit wonders realized this too late.” – James Altucher This article was written with traders who control their risk and follow sound trading plans in mind. Controlling one’s risk and following sound trading […]

“I’ve not failed. I’ve just found 10,000 ways that won’t work.” – Thomas Edison “…If trading is only about money, you have very little chance of success.” – Dr. Van. K. Tharp In recent times, some people have questioned the morality of online trading. Obviously, the question comes from lack of real understanding of trading. […]