Why Traders Risk Their Money
Why Traders Risk Their Money

Why Traders Risk Their Money? This is something I believe is built in, something very primitive and ancient. As a traders we take risks because we have little patience. We are the providers, the hunters, and the breadwinners. Who will bring home the bacon if we aren’t willing to risk our lives? But it’s in…

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Trading Strategies That Lose Money, 7 Reasons Why New Traders Loss
Trading Strategies That Lose Money

Trading can be difficult because no single strategy, or style works in every market at all times. When you’re wrong, you lose a little money, and when you’re right, you make some money. The best way to make money is to learn about and trade your edge in the game. In various types of markets, these…

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Reasons Why Trading Is So Challenging
10 Reasons Why Trading Is So Challenging

Here’s why trading is so challenging: You can back test a system as much as you want. But we can determine the profitability of the system by market conditions, not past price history, once you start trading it. What appears to be a winning strategy on paper can turn out to be a losing strategy…

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Pain Management for Traders
9 Pain Management for Traders

Pain Management for Traders Traders do not profit on every trade. In fact, most do not profit on half of their trades. It’s not like other careers, jobs, or hobbies where you learn a skill and then put in the effort to get paid. A trader’s life in the financial markets is more akin to…

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Things I Look For in a Trading System
8 Things I Look For in a Trading System

It is actually easier to be profitable with a trading system with large wins and small losses. Trading System enables the trader to catch a trend and profit big when the opportunity arises. Stop losses that are well-placed, as well as the use of trailing stops, can help you create an asymmetric trading system that…

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Things That Should Not Considered As Success For Traders
10 Things That Should Not Considered As Success For Traders

Many inexperienced traders are deceived by themselves. They enjoy in small victories. They are on the lookout for the “magic” solution to making money with a fail-safe system. As traders they believe that attending a seminar or receiving a newsletter will completely transform their lives. Trading for easy money and coaches and gurus for having…

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Increase Success Rate In Trading,Pre-Market and After-Hours Trading, What Trading is Really All About, Top 10 Edges for Traders
Top 10 Edges for Traders

Trading methods and systems are only a small part of trading success. Any method’s weakest point is the trader. If a trader trades too big and too often, no trading system will work. A great trading system will fail if the trader lacks the discipline to trade the entries and exits. Fear, greed, and ego…

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Reasons Why Trading Smaller Is Better,Is It Possible To Become Rich With Day Trading, Things to Give Up if You Want to Be A Wealthy Trader, Rules For New Traders
10 Things to Give Up if You Want to Be A Wealthy Trader

There are very important things to give up if you want to be wealthy trader. We get so caught up in adding to our trading arsenal with knowledge, books, chart patterns, indicators, moving averages, gurus, securities for our watch list, and whatever else we think will help us make money. But we forget to remove…

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Different Types of Traders, Things Each Trader Has To Accept, Things A Trader Needs to START DOING,Key Points From The Market Wizards
The 30 Key Points From The Market Wizards

The following is an excerpt from Jack D Schwager’s book, The New Market Wizards, that has been condensed. I strongly advise all active traders to read this book. Following are Key Points From The Market Wizards book: 1. First and foremost before knowing key points from the market wizards Are you sure you want to…

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Things To Control As A Trader, Things Traders Can Do Instead of Losing Money, Day Trading Strategies
10 Things Traders Can Do Instead of Losing Money

Even though this has been one of the best years for making money in the stock market in a long time, with such strong trends in both directions, there are times and markets that are best avoided. Because of the headline risk and volatility caused by Europe, I’ve been trading smaller and smaller, until I’m…

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