Read any material designed to educate you on how to build a disciplined plan for your trading day and there will almost always be some mention of remaining flexible. For many of us, this can seem confusing since we are working diligently on creating a trading plan that works and have ultimately decided to stick […]

They say that when the going is good all the people jump onto the stock market bandwagon thinking that they will make pots of money and will retire rich but with like everything else making money in the market takes patience, time and some amount of risk taking.
People when they see others making money […]

First of all let me start out by saying that there is no one particular strategy which is right or wrong. Everyone decides going about one particular strategy based on several factors and some of these factors are the cash at hand or the risk taking ability or even the age of the person who […]

Money is a natural source of fear. We fear losing too much money, we fear not having enough money, and some of us even fear having too much money and not being worthy or responsible enough with it. Very few of us have a really healthy overall attitude about money. Money issues usually stem from […]

Trading is an awesome way to make a living. If you are successful, then you are able to spend a little more money here and there, buy bigger homes, send you kids to better schools, and of course, enjoy all the lifestyle perks of financial success. How about vacations? When was the last time you […]

When we make decisions based on which stocks to purchase, to track, or to evaluate, we do it with the understanding that we accept a risk of potential loss. Yet no matter how often we explain to ourselves that loss is part of the process of becoming a better or more experienced trainer we don’t […]

While quite a bit of time and research goes into selecting stocks, it is often hard to know when to pull out, especially for first time investors. The good news is that if you have chosen your stocks carefully, you would not need to pull out for a very long time, such as when you […]

Whether or not it is possible to become a millionaire is one question that is of great interest to every trader who deals in stocks, and especially those who deal in penny stocks.
Results have shown that some people, who trade as a hobby rather than as a profession, can and do in fact make […]

There has never been a better time to enter the stock market. Despite the rumors that the market is risky right now, this is the time to jump in! Read on to see where to start trading with the biggest advantage.
The latest trading myth to get around is that this is a bad time for […]

You might have heard that 95% of traders are unsuccessful. Unfortunately it is true. But this is because most traders are making the same mistakes that the other grinning 5% have avoided. Research has shed light on certain mistakes they all seem to have in common. If you can avoid them too, you will be […]