I wrote this four years ago: Does your self-esteem rise and fall with your account equity? If so, you're probably in for some difficult times ahead with your trading. For
Plan the trade, and trade the plan! Common advice that is well meaning but not really that helpful. It's not helpful because in the heat of the moment, when your
As traders we must be flexible and ready to respond to whatever happens. And we know that anything can and will happen. So I’m always looking for new things to
As you think about new years resolutions (NYR) and trading, you will benefit from thinking about what I refer to as the inner market. It’s time to accept
After you identify and can articulate your edge in the market, there is something that stops most traders from improving. When you know deep down inside that you have
Your level of awareness is a huge factor in how closely you'll follow your trading plan. Paying attention and being aware of your internal state will help you to control
Most traders agree that psychology plays a role in trading. If you agree, take a moment to answer this question: Ask yourself, what percentage does psychology play a role in
I've been on vacation with my family in Spain. When my wife booked our AirBnB apt in Sevilla, Spain, where we've been staying this week, I didn't realize it
Although I don't golf, there is a good analogy for trading I heard from a friend who is an accomplished golfer. He said most golfers agree that a large part
Is it possible to be completely objective while trading? Trading forces us to interact with the market, where price is objective – everyone can see the same thing. But
