Gann’s 29 Rules of Success
Words of wisdom from the mythical market timer behind Gann angles and the Square of 9.
Trading Psychology
Ten Lessons I Have Learned in Working With Traders
When I sat down to write this article, I thought it would be challenging—but useful—to distill over 20 years of trading experience…
A Trader’s New Year’s Resolution for 2012: Become More Like a Psychopath
New Year’s resolutions are often made and broken within the first days of January. The most popular resolutions, things like losing weight or quitting smoking, require will power and action. Traders can succeed with a simple resolution to act less often in the year ahead and to buy or sell only when their trading strategy … Read more
The Brain on Trading: Emotional Intelligence and the Trader’s Mind
By Rande Howell MEd, LPC www.tradersstateofmind.com An Emotional Braking System Failure “I left money on the table yesterday, and I’m not going to leave money on the table this time!” Harry silently declared, “I’ve missed out too many times – I’m going to ride this one and clean up.” Harry could feel the excitement pulsing … Read more
The Technical Aspects of Trading Emotions
By Martha Stokes, C.M.T. © copyright 2007 all rights reserved. Every seminar and book will tell you that controlling your emotions and having discipline in you’re trading are essential to your success. But no one tells you how to achieve emotional control and personal discipline while trading the market. Every trader sees the market differently … Read more
Dr. Van K. Tharp
Dr. Van K. Tharp is a specialist in the area of trading psychology. He is the author of Trade Your Way to Financial Freedom, Safe Strategies for Financial Freedom, Financial Freedom Through Electronic Day Trading. He is featured in Jack Schwager’s classic Market Wizard’s: Interviews with Great Traders.
The Delusional Trader
By Adrienne Toghraie ©2009, Reprinted with permission of Traders World Magazine (www.tradersworld.com) Psychologists would tell you that being in a delusional state means that you are psychotic – obviously not a good thing, especially when you need to know what is really going on in the world. But, strangely enough, sometimes it can work for … Read more
The Mental Aspect of Trading
Many traders quickly come to acknowledge that despite being familiar with winning strategies, systems, and money management techniques, trading success is dependent on your psychological state of mind. If you’re a trader just starting out, where do you find the initial confidence to pull the trigger? How do you deal with the down times without … Read more
Nuggets of Wisdom from Jesse Livermore, Greatest Trader Ever
In the early part of the 20th century, Jesse Livermore was the most successful (and most feared) stock trader on Wall Street. He called the stock market crash of 1907 and once made $3 million in a single day. In 1929, Livermore went short several stocks and made $100 million. He was blamed for the … Read more