Why Most Traders Fail - and How You Can Be Part of the 10% That Succeed: The exact percentage of traders that fail is difficult to accurately calculate. But the general consensus is that somewhere around 90% consistently lose money - and this might even be a conservative figure. Some believe it to be as high as 95-99%. This is often a shocking statistic for beginners to hear - and it typically turns them off to giving trading a real shot. They assume they have virtually no chance at … [Read more...]

Losses and Mistakes Are Just Learning Opportunities For Growth and Development: As a new trader, you are going to lose often, be wrong a lot, and make numerous mistakes. That's just how it goes. But if you cultivate the right perspective on these losses, weaknesses, and mistakes - then these "negatives" can be turned into "positives". You have one of two choices. Your losses, shortcomings, and missteps can be used as excuses to give up and quit. Or they can be used as learning … [Read more...]

Top 10 New Trader Mistakes - Learn Them So That You Can Avoid Them: There are a ton of mistakes that new traders make, so this certainly wasn't a hard list to compile. But I think it's important for anybody just starting out to completely understand these common pitfalls. They'll probably save you from at least a few painful lessons. Personally, I made pretty much every mistake on this list. So the good news is that they can be overcome. But the bad news is that they made my path … [Read more...]