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
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03, 2011
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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
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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,
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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
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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
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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
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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
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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
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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
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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