Tag: Trading Psychology

How to Build Unbreakable Self-discipline Do you have dreams and goals that you want to accomplish? We all do, but it’s easy for our best-laid plans to go awry when…

I talk a lot about trading psychology on this blog and in my books because, after three decades in the markets, I know it’s the difference between success and failure.…

As an aspiring trader, the journey to success can be long and challenging. Many obstacles can be overcome along the way, and knowing where to turn for guidance and inspiration…

Trading psychology refers to traders’ emotions, mindset, and behavior and how they impact decision-making and performance in the financial markets. Mastering trading psychology is essential for any trader, as it…

“All of life is peaks and valleys. Don’t let the peaks get too high and the valleys too low.” – John Wooden In today’s competitive world, it’s no secret that…

The original theory of alpha males came from the study of captive animals and used most popularly to describe wolf packs and chimpanzee hierarchy. [1] After these animal studies people…

Self-confidence is the feeling of faith and trust in your own abilities, skills, experience, and judgment. It’s the belief that you’re good enough to accomplish the task before you. It’s…

Emotions are the natural instinctive state of mind created internally as a reaction to your circumstances, derived from your mood, or arise based on interactions in relationships with friends, family,…

Fear is an unpleasant emotion caused by the belief that there is danger that is likely to cause pain, or a threat. In trading, this can be a financial threat…

Patience in trading is the ability to wait to take action until it’s the right time. Ego, impulses, boredom, and greed, can overcome a traders resolve and cause them to…