The experienced private trader doesn't have to trade all day, every day. Market conditions change, and it is wise to stand aside until your trading methods, your risk tolerance, and your objectives match market conditions. At other times you might be feeling "off," and it might be better to watch the market than to trade it. Trading is a matter of moving from studying and observing to actively par...
Trading Educators Blog
Are you experiencing an emotional roller coaster, euphorically celebrating wins, but facing despair when losses mount? If you are, you may be taking things a little too personally. If you want to trade like a winner, you need to take responsibility for your actions, taking every precaution possible to neutralize adverse events and to control risk. That said, when things go wrong, it may not alway...