#2: PAIN OF TRADING LOSSES "If you are distressed by anything external, the pain is not due to the thing itself, but to your estimate of it; and this you have the power to revoke at any moment."

"Feeling distressed because of a losing position or consecutive losses? Remember this quote. The losses are affecting you as much as you allow them to.
Revoke the pain, now."

#1: MIND OVER MARKET "You have power over your mind – not outside events. Realize this, and you will find strength"

- Marcus Aurelius

"As a trader, you cannot be a control freak. A key aspect of learning how to trade is to recognize the parts you cannot control.
The best example is the market. You cannot control the market. You cannot control if your broker screws up. If you think deeply, you cannot even control how much you lose in most cases. This is because most stop-loss orders are not guaranteed.
Hence, as a trader, you can only control your mind. Realizing this is a big step forward. This is why you hear the common claim that trading is 90% psychology and 10% strategy."

MACK

MACK

                                 historical high 12.50

on the markets:
"We are in a unique environment with an optimistic yet dovishFederal Reserve regarding the US economy and any hints at a rate increase (as in doubtful for the time being). Simultaneously, we see Emerging Markets adding liquidity and China’s ETFs on new multi-year highs. Add to the mix, concerns in Iran, Yemen and Syria. Total all those factors together and what do you get? Warning Phases now confirmed in the Dow, S&P 500 and NASDAQ and a Bullish Phase in the Russell 2000s"