Tag: short position

Mental Fitness Tips For Stock Traders

You guessed it right, this is a “Zen” piece. Good and bad trades don’t happen. The good¬†ones are found and cultivated. The Bad ones … well, you see success is nothing more than a few simple disciplines, practised every day; while failure is simply a few errors in judgement, repeated every day (Jim Rohn).

Up to 75-80% of traders are, generally, make more losses than profits. With such low success rates, stock trading might be among the more risky professions around. But, the 20%+ that do make money consistently, seem to follow the same mental chain of thoughts and we thought it might be interesting to illustrate some of those thoughts here for the benefits of our readers. So here goes:

Continue Reading…