Trading Psychology

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. […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 13 “Losing money is the least of my troubles. A loss never bothers me after I take it. I forget it overnight.” – Jesse Livermore Name: Kenneth Heebner Nationality: American Education: MBA, Harvard University Occupation: Funds manager Career: Ken runs Capital Growth Management (CGM), Boston, Massachusetts, […]

“Illusions are something pleasant. The disadvantage is that they tend to burst like a burble.” – Wolfgang Kurz “It is true that the market is brutal to most of the people who challenge it. But so is Mount Everest, and that should not – and does not – stop people from trying to reach the […]