hen I teach my Psychology of Trading class every quarter it still amazes me how many of my attendees cannot provide me written documentation of their trading results. That’s like running a business everyday with only one piece of information; your checking account balance. Suppose you told me...

Traders who have made a lot of money and kept it will be the first to encourage you to not make this mistake; starting on your first trading day. Trading the news is one of the quickest ways to the poorhouse. There are no professional traders working in any trading arena that will make trades when...

Of all the mistakes that FOREX traders make this one is one of the most common. If you want to lose money quickly—make sure you ignore doing your homework. When I say homework I mean get market knowledge. People often make the mistake of thinking that all they have to do is buy a trading...