Handling Uncertainty
popdoc2011-03-29T15:56:58+00:00Everyone talks about uncertainty, and many of you realize that the only thing that is certain in trading is uncertainty. The problem is that most people understand it on an
29
03, 2011
About popdoc
This author has not yet filled in any details.So far popdoc has created 138 blog entries.
24
03, 2011
Being on the Right Side of the Market
popdoc2011-03-24T17:59:59+00:00The alternative title for this blog was, 'Cognitive Flexibility Pays' Some things never change. When humans are faced with information or data and need to decide what to do with
17
03, 2011
The Tick by Tick Assault on Your Judgement
popdoc2011-03-17T15:48:50+00:00Tick-itis is a frustratingly painful dis-ease uniquely associated with short-term trading. And the interesting thing is that it even affects people who think they are immune to such things. Indeed,
9
03, 2011
Self-Sabotage: Stop Shooting Yourself in the Foot
popdoc2011-03-09T15:50:17+00:00Repeating the same mistake(s) over and over strongly suggests that you’re managing a trade or managing your feelings in relation to your P&L, not in relation to the market. There
23
02, 2011
Are You Making Money?
popdoc2011-02-23T17:27:36+00:00Are You Making Money? I receive a lot of emails from traders asking for advice. As a full-time trader and trading coach my time is limited, but I do what
31
01, 2011
Context is King For the Discretionary Trader
popdoc2011-01-31T02:30:17+00:00This blog entry was inspired by an article I just read by James Dalton, father of Market Profile. I often talk about the importance of context. In some of my
27
01, 2011
The Psychology of Risk Management
popdoc2011-01-27T16:03:22+00:00If you’ve read my other blogs you know about the dirty little secret in trading, and that it’s not the entries, but the exits that makes a trader consistent. And
14
01, 2011
Trading the Web of Relationships
popdoc2011-01-14T16:28:02+00:00I’ve previously written about how trading is not about predicting. Trading is about creating a hypothesis or following an idea where we determine how much we are willing to lose
10
01, 2011
The Effects of Stress on Trading
popdoc2011-01-10T16:43:12+00:00I’ve wanted to write something about stress and trading for a while, and there are many directions I could go in. I decided to not go in the direction of
4
01, 2011
Are You a Friend or Enemy to Your Trading?
popdoc2011-01-04T16:47:09+00:00Take a moment to thoughtfully and honestly consider what is the greatest drag on your P&L. Is it the market itself, as in a chop, trend, or sideways? Is it