smbcapitalDavid BlairLeave a Comment

I am often asked what I consider the most important indicator when managing a trade from start to finish. My answer has nothing to do with a chart or any system trading indicator associated with it.  My answer? Psychology.  From personal experience, I consider trading to be 100% psychological. All of our choices, from the type of price chart employed, … Read More

Why Do You Trade? (Dr. Brett Steenbarger)

BellaGuest Blog13 Comments

In a recent post, Mike Bellafiore raised the important question of “Why Do You Trade?” In that post, Dr. Jonathan Katz pointed out that the motivation to make money is often not sufficient to sustain traders. He explains that, “People need to continually find new challenges in what they do and pursue.” This is a great topic, because it separates those … Read More