I don't think you can consistently be a winning trader if you're banking on being right more than 50 percent of the time. You have to figure out how ….

It's very difficult to be different from the rest of the crowd the majority of the time, which by definition is what you're doing if you're a success….

When you're in a losing streak, your ability to properly assimilate and analyze information starts to become distorted because of the impairment of t….

If most traders would learn to sit on their hands 50 per cent of the time, they would make a lot more money..

Always understand the risk/reward of the trade as it now stands, not as it existed when you put the position on. Some people say, "I was only playing….