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http://www.stockcharting.com/blog Traders Education and Articles Sat, 01 May 2010 05:38:06 +0000 http://backend.userland.com/rss092 en Try to find a trading method that will reflect your psychological bias towards trading. Not all traders have the patience to trade a computerized system and watch the trades give back large amounts of open equity. Quite frankly, the heyday of $3,000 magical black box systems seems to have run ... http://www.stockcharting.com/blog/find-your-own-trading-method/ Anyone is allowed to make one mistake. When the same mistake is repeated a second time, caution should be noted. The third repetition of the same mistake constitutes self-destructive habitual behavior that must be reversed. All trading must stop immediately until the trader's self-discipline is thoroughly examined. Once the reason ... http://www.stockcharting.com/blog/repetitive-mistakes/   No one likes to think about the worst-case scenario, or to make a detailed plan to recover should it happen. It's just one strategy for learning how to trade in a relaxed but focused way so that, should you ever face a severe financial setback, you can recover from it. ... http://www.stockcharting.com/blog/planning-for-contingencies/ Consider the following: As a trader you are in a business. Your strongest opponent has plenty of capital. He follows a program and he does it without emotion. He is totally aware of the fact that no one knows where the next tick will fall. Whereas he usually has good ... http://www.stockcharting.com/blog/the-nature-of-the-trading-business/ What if you really have a problem not getting stressed out from trading pressure?   Experience and trading from a plan can help you to make trades in a carefree, relaxed, and focused manner. It is important that you avoid  putting unnecessary pressure on yourself. Success or failure is not riding on ... http://www.stockcharting.com/blog/staying-cool/