Stock Market Success: It is All in Your Mind

Stock market success

  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 anyone an advantage in today's world? I would argue that the biggest difference … [Read more...]

Trade Like a Boy Scout

Boy Scouts from 1953

The Boy Scouts have been instrumental in the personal growth of millions of young people in the United States. One of the reasons for their success is that they stand for something, and they faithfully practice what they believe. We all know "Always be prepared", and that's surely good advice. But they also follow something they call the Boy Scout Law. This law focuses on … [Read more...]

Why Trading Seems So Damn Hard

Why Trading is so Damn Frustrating

Trading can be one of the most frustrating things many people will ever do. It is very counter-intuitive. At times, trends seem to go farther than anyone thought possible, and at other times, the market fails to trend at all. When the market seems to be ready to plunge, it rallies unexpectedly. When a stock or market appears to be going to the moon, it reverses and plunges. A … [Read more...]

Why Gazelles Can’t Trade

Why Gazelles Don't Trade

Gazelles are a an antelope species, and as such, are nimble creatures. They are also susceptible to being easily spooked, and may end up running with the wrong crowd. These traits alone would make them horrible traders, but there are things that a skittish trader can learn from this fleet-footed creatures. Being nervous is not a good trading trait. If you are easily … [Read more...]

12 Reasons Why Trading is Worth It

Be your own boss

  Let's face it. There are a lot of things you can do with your life, and most of them are easier than trading every day, especially in this market environment. But there are real advantages to devoting your time to the science of trading. If given the proper attention and nourishment, a trading career can exceed your expectations and give you a new leash on life. Here … [Read more...]