Many traders ride an emotional roller coaster and miss the essential element of winning: the management of their emotions.

The goal of a successful trader is to make the best trades. Money is secondary.

Remember, your goal is to trade well, not to trade often.

The market does not know you exist. You can do nothing to influence it. You can only control your behavior.

Many traders ride an emotional roller coaster and miss the essential element of winning: the management of their emotions.

Amateurs look for challenges; professionals look for easy trades. Losers get high from the action; the pros look for the best odds.

Successful trading depends on the 3M`s - Mind, Method and Money. Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets. Each trader needs to have a method for choosing specific stocks, options or futures as well as firm rules for pulling the trigger - deciding when to buy and sell. Money refers to how you manage your trading capital.