Bullshit: 95% of Traders Fail, Trading is Gambling

gamble: to take a risky action in the hope of a desired result; to stake something on a contingency; to take a chance In the context of this definition, trading is gambling; however, so is starting a small business, going to college, getting married, having kids, buying a house, investing in the stock market. Keep that in … Continue reading Bullshit: 95% of Traders Fail, Trading is Gambling

(Video) Screencast: The Importance of Protecting Your Trading Mindset, Psychological & Emotional Diversification, and the Life Balance Tool

Protect Your Mindset at All Costs The most important (and often overlooked) concept in trading is the following: Your mindset will ultimately be the deciding factor in whether you succeed or fail as a trader. Think of it this way: Traders do not ultimately fail due to blown up accounts - they can save their money and start … Continue reading (Video) Screencast: The Importance of Protecting Your Trading Mindset, Psychological & Emotional Diversification, and the Life Balance Tool