Trading Psychology

Stock market success

Stock Market Success: It is All in Your Mind

  No matter the kind of trader, or their level of success, everyone gets up in the morning and puts their pants on one leg at a time. They read the same news, have access to the same strategies, and trade the same stocks. So what makes one trader more successful than another? What gives […]

Featured Article

The $2.25 Million Darvas Trading Principles

In 1959, Nicolas Darvas beat Wall Street when he traded his way from $30,000 to $2.25 million in 18 months.  He did this while traveling around the world on a dance tour, while using telegrams for end of day prices, and a weekly Barron's Magazine. How is this possible? His ten powerful principles: He … Continue Reading

Trading Psychology


My $XLK Buy Levels

I will be looking to buy $XLK on Monday morning if it holds above the 200 day SMA. I would enter using the $TECL ETF for leverage, with $XLK over … Continue Reading

Risk Management

Betsy Weber

Starting a Trading Business

  If a new trader wants to be a successful, they will need to treat their trading like they would operate a profitable business. Many traders lose a lot of money by approaching trading like it is a hobby. In … Continue Reading

Andrew Kuznetsov

8 Easy Ways to Blow Up Your Account

  Almost everyone has read the statistic that 90% of active traders are not profitable and eventually quit trading. While I don't have the exact numbers, I suspect that a lot of those traders blow their entire … Continue Reading

10 Trading Mistakes: Are You Guilty?

  Are you trading without a plan? Trading without a plan makes you emotional and a gambler. Do you ever trade too big for your trading account size? Big trades are bad trades for the emotional engagement … Continue Reading