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Posts Tagged ‘Attitude’

The Unpleasant Attitudes That Can Bring Down Even The Most Successful Enterprise

Friday, August 26th, 2011

Companies are constructed by men and women and no organization design can survive without men and women inside the institution. Every single person who works for the institution contributes in some way or other towards the institution tradition and assists the evolution of the organization during a given time period.

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Sticking To the Plan: The Importance Of Following Your Trading Plan

Tuesday, May 25th, 2010

Making a trading plan is no joke. It takes a whole lot of effort and research to come up with a trading plan that is perfect for you. But the problem is, sometimes, when that ticker or number goes up and up or down and down, we aren’t control ourselves and jump the gun on selling whether for profit or loss.

The problem with that attitude is, once you break away from your trading plan, nothing can stop you from doing it again. Rationalizing your violation of the plan by any profit you’ve earned is just a step away for you. That’s pretty much where it begins and it’s all downhill from there. Pretty soon, you’ll be ignoreing that trading plan you made and just go with the flow of the market. Oh, yes, you’ll have a few successes and then you’ll be broke, having thrown away your money (more…)

What does it take to make it in stock trading?

Wednesday, May 19th, 2010

Despite all the news about how bad the stock market is faring these days, this doesnt stop people from engaging into stock trading. Why? for the very reason that this is one of the most viable business ventures there is.

Many people say that stock trading works for people who are born lucky. But, this doesnt mean that it is restricted only to those who are blessed with luck. Experts say anybody can make it in stock trading for as long as the right attitude, knowledge, and strategies are there to back him or her up.

Arm yourself with information

If you are one of those who are planning to get into stock trading, the first thing that you need to do is gather knowledge or information. This is very important because you are taking the lead in learning the ropes of the venture by learning all the basics (more…)

Attitude and your trading mindset

Monday, March 1st, 2010

Traders own their business and set its direction and as leaders they must know how to run their business which is essential to their success, frankly, attitude and your trading mindset can spell your success or failure.

Statistically, 90% of traders lose money.

The trading mindset challenge is how to face up to the challenge of making it among th 10% who make it big in trading.

One way is to understand leadership principles and see how you are applying them to your own trading business.

First, you must know why you are in the trading business, what attracted you to it, what were your motivations and will you be seriously focusing your undivided attention to making it succeed?

Many say that it is (more…)

Trading Mindset Psychology

Saturday, February 27th, 2010

There is a psychology behind trading. It is about the perceptions change that you go through once you are actively in the markets trading. Trading on a demo account seems easy, but once you have handled your first live trade, indecisiveness close in. understanding the trading psychology will help you get on to trading with the right mindset along with the following the risk management.

Trading psychology and trading psychology issues are the predominant reasons why traders lose. It has been widely discussed in books and lectures that it has been a convenient excuse for losing. What is trading psychology? Trading psychology is an attitude or a reaction that a trader creates from existing personality traits. These personality traits may not be even related (more…)

Importance of a correct mindset in trading

Saturday, February 27th, 2010

Having the right mindset is crucial in any kind of undertaking. And market trading is just one of the many examples of career paths where having a clear and focus state of mind can make the difference between disaster and success. Market trading is a risky business and not knowing more about the ins and outs makes success even more difficult to attain. But with the right attitude you get ahead. But what are the right attitudes in trading the market?

One of the more important tips in market trading is to keep your emotions at bay. Theres no need to be emotional in a business where facts and numbers are all that matters. For example, you need not invest on stocks or trade stocks (more…)

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