Deron Wagner is a professional trader and founder of Morpheus Trading Group, a trader education firm specializing in momentum swing trading of stocks and exchange traded funds (ETFs). He founded Morpheus in 2002, which the company provides swing traders with detailed nightly stock picks, an online stock screener app, and educational video courses. Mr. Wagner co-author of his newer book, Advanced Technical Analysis of ETFs published by Bloomberg Press, September 2011 and is the author of Trading ETFs--Gaining An Edge With Technical Analysis published by Bloomberg Press, August 2008. He also appears in his popular video and course book, Sector Trading Strategies. Mr. Wagner teaches his stock and ETF trading methodology through his Wagner Daily newsletter, online video courses, and on the Morpheus blog. He is a frequent guest speaker at various investment conferences around the world, and has appeared on CNBC, ABC, and Yahoo! FinanceVision television networks. Mr. Wagner is a regular contributor to numerous mainstream financial Web sites, and his articles have appeared in Investor's Business Daily, Barron's, Active Trader, and Stock Futures and Options.
Ignoring the psychology of trading will almost guarantee your failure in learning how to be a consistently profitable online trader, says veteran trader, Deron Wagner of Morpheus Trading Group.
Staring at the market all day long can make you go crazy, says Deron Wagner, who shares his "Set it and Forget it" trading philosophy instead.
Deron Wagner discusses the two other emotions besides fear and greed to be mindful of when trading; hope and regret.