If you are going to trade options, it is best to look at the Option Price per contract (ie. It’s pretty simple…when institutional traders (banks, mutual funds, and hedge funds) decide to dump their positions, the market will fall (and vice versa). This type of thinking is dangerous because the group (stock market) could not care less about what you hope for, or what is in your best interest. I will be back soon to hear others and hopefully with some good news of some kind.
It is only natural for a stock trader to regret taking on a losing trade or missing a winning trade. This diagram does a very good job of summarizing all of the emotions I have discussed in this article, each of which are the driving factors behind the price movement of every market in the world. As humans, it is normal to experience these four powerful psychological elements when trading or investing in the stock market.
When you do, you will find the results of your stock trading operations dramatically improve. If you are serious about learning how to trade stocks, as well as the proper way to consistently pick the best stocks, you may want to take a look at my my online stock trading course with 7 separate swing trading classes, including an entire video course module specifically on the psychology of stock trading. Excuse the self-promotion, but I also highly recommend my stock trading blog at because there are a ton of great articles and videos that teach a proven trading strategy. Options Xpress offer automated trading based upon recommendations from newsletters.
The blog is also free, though I offer a subscription-based nightly newsletter with my best stock picks. I got a satellite radio with a stock ticker application and watched stock prices all day while I drove. I tend to hold on to a stock thinking that eventually it will go up and I’ll get my price. So, to get a more in-depth read on an announcement, CNBC usually has an up-to-date video feed.
This week my big loser was +$58.00. The problem is, if you can’t admit that the stock is not performing the way you want it to, or think it should… a $58 gain can turn into a $440 loss, or even a $3000 loss pretty quickly. The stock market is a lot less daunting when discussed with your easy to understand, realistic, honest tone than the technical literature published by experts! I have lived in various part of USA such as Minneapolis (MN), Ames (IA), Boston (MA), Pompton Lakes (NJ), Atlanta (GA), and Camarillo (CA). You can usually get news from a variety of sites, including whatever brokerage firm you decide to go with.