Chance favors the prepared mind. The same applies to trading.  Every moment in the markets is unique.  Every trade is an opportunity to learn, to grow, to gain wisdom and to embrace acceptance.   Read More

There is a larger more philosophical aspect to paying yourself. It has to do with non-attachment to your P&L.    Read More

Most traders come to the markets because they see a way to break from the 9-5 routine...There is a magnetic attraction to the idea that you can make money, sitting in your pajamas, typing on a keyboard and doing what is called “playing” the markets. Playing at home in pajamas…sounds like a teenage slumber party with lots of fun, doesn’t it?    Read More

So why do we get stuck in the markets? The answer is simple, but not easy, writes the Trading Doctor, Dr. Janice Dorn.   Read More

Life and trading are never about what happens to you. They are about what how you respond and take action in the face of what is in front of you.    Read More

In trading and in life, it is critical to ask yourself: What sources of information are guiding my actions? Have I checked the facts, or am I simply relying on the word of this or that person?   Read More

Instead of predicting, anticipating, and being in fear and confusion, you must do exactly the opposite if you are to survive a death blow from the market movements.    Read More

The hills are abuzz with the sounds of gold going to the moon. I have seen more bullish articles on gold over this weekend than in some time. My neighbors are asking about buying gold. This makes me look the other way...   Read More

Resistance to change and acting out of biases have two effects on your trading and investing: You do the same thing over and over again, and you expect different results every time you do it. This is - as you are aware - Albert Einstein’s definition of insanity.    Read More