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…
Trading Psychology
The Brain on Trading: Emotional Intelligence and the Trader’s Mind
“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.”
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 …
The Delusional Trader
By Adrienne Toghraie 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 a trader. Jack is a trader who is a …
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 …