We live in an age of information overload—connected constantly to smartphones with immediate access to news, social media feeds, stock quotes, and on-the-go trading platforms. Information is power and can make trading easier, more accessible, and sometimes instantaneous. It also makes it potentially easier to lose focus. No matter how long (or short) you’ve been […]

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Chew over this gem from the 1950s, perhaps poignant as 2016 marked the worst 10-day start to a trading year, ever. If you don’t know who you are, the stock market is an expensive place to find out. —George Goodman (1959) Sometimes in trading you can be your own worst enemy. At times the difference […]

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Think the only certainties in life are death and taxes? If you trade stocks, you can add experiencing a losing streak to the list. It doesn’t matter if you’re an amateur trader or a famous hedge fund manager; everybody experiences trading losing streaks in the stock market from time to time. Here are some tips […]

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We’re always thinking about where traders go wrong, mistakes made, and other negatives. It’s human nature. But it’s important to remember to pat yourself on the back when things are going well. Today, let’s focus on the positive. We sat down with Dr. Gary Dayton to discuss signs that your trading is on the right track. […]

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Bull markets like the one we’re in now can sometimes be like a too-permissive parent, blinding traders to their own weaknesses and reinforcing bad habits. These habits may not hurt traders while bull conditions last, but they can have major negative implications when a bear market blows into town. We sat down with Dr. Kenneth Reid, founder […]

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Markets don’t sleep. But you do. And like all traders on earth, you go to sleep innocently, hoping with every good intention that once your head hits the pillow, the world economy will behave itself until you’re back at your trading screens. It’s not too much to ask, but the markets are rarely so accommodating. […]

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Being a successful trader involves more than just picking entry and exit points. There are emotional challenges (such as fear and greed) and mental hurdles (such as the need for discipline and perseverance). Beyond computer screens, chart analysis, and trading strategies, consider building healthy habits to help you form a solid foundation for trading success. […]

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Sometimes the best starting point for a trading system or even a general approach to the markets is to look within. No matter what your trading style, the way you manage stress could make a difference in your profit and loss. Last week we talked about three lifestyle factors that traders can control. This week, […]

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The number one question I get asked when it comes to the stock market is: “What does it take to be a good trader?” There’s no single right answer to this question, but in my mind, the most important trait of a successful trader is the ability to honestly assess strengths and weaknesses. Then he […]

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Let’s take a look at a psychology mistake many of us fall into in the stock market and in our personal lives—something we should seek to minimize or even eliminate. This nemesis is confirmation bias. Confirmation bias can be complex and nuanced, but for our purposes, we’ll define it as determining whether an action or […]

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