psychology

The adage "money can't buy happiness" has been debated, researched and tested many times over. And while the prevailing opinion is that the axiom is true, the conversation continues, fueled by studies that seem to confirm that material wealth does influence a person and a society's sense of well-...

Peter Drucker, one of the world’s leading management consultants and writers, wrote that good managers walk into a room of various personalities and talents and work with the strengths of those in the room. They identify the resources of these individuals and have them use the best part of...

A trader who is confident has the ability to recognize his strengths and weaknesses and adjust to situations based on this knowledge. When others panic about drawdowns, he is comfortable paring down his position. This confident trader knows that the probabilities are high, if he sticks with his...

To become a highly successful trader in the shortest amount of time takes the skills of professional coaches to assist the want-to-be trader in reach this fast track goal. When a novice begins to think about becoming a trader, he has the dream of already having achieved his goal. He sees...