Making money through bets and trades is a hard work if you don’t know anything about it. But in today’s economy, one cannot be too choosey when it comes to making money. With unemployment rates skyrocketing all over the world, having a bit of extra cash in your pocket can be the difference between having food on the table and missing dinner all together.

In several recent articles I have been discussing some of the phases that new traders enter and exit in their trading careers. Each phase is a stopping point, or at least point where traders pause to rectify their trading styles, and then move on to another stage. The goal, of course, is to become a consistent and profitable trader.

Among the most controversial topics in market theory is the degree and level of randomness present in each daily trading session. There are those that deny the random movement of the market, while others believe that all market movement may be random. The truth probably lies somewhere between these two extreme views.

Are your trading results falling short of your expectations? Sometimes it’s about how we think. Read about the experience of one trader and how she turned her trading around.

Every day trader goes through several phases early in his or her trading career. Some of the phases are quite pleasant, and others are downright painful. It is import to be cognizant of your emotional mindset during each phase of your trading career.