One way to acquire discipline in trading
By Joe Ross
“Hey Joe! When you were teaching us at our Forex office in Florida, you stressed discipline.  Our head trader stresses discipline.  What I want to know is if discipline can be acquired or is it just something you are born with? I’m having trouble finding it in [...]

ARE YOU TRADING AT THE RIGHT “PACE”? By Norm Hallett
A group of 1000 traders were recently asked, “What is the
single most important mental/emotional concern you have
that is preventing you from being the most successful
trader you can be?”
The second most frequent response was the fear of
blowing out their account.  (For the record the first was
fear of [...]

“EMOTIONALLY INVESTING” IN YOUR POSITION
LEADS TO LOSSES”  By Norm Hallett
We recently polled 1,345 traders (a mix of stock, forex, commodity
and bond traders), with this question…
“What is the single most important EMOTIONAL/MENTAL issue you
personally face that gets in the way of your being the best trader
you can be?”
One of the most frequent responses involved some degree [...]

DON’T LOOK FOR COMFORT     By Norn Hallett
You set up your screening program, check the list of potential
candidates, do a little analysis and put in the trade. Once the
stops are set, you are good to go. You tell yourself to let your
system do the rest.
Sounds easy.
But if you believe that’s the way it’s really going to [...]