I haven’t been trading this week due to computer problems and the need to catch up with clients while I prepare to leave on a 2-week vacation early Friday morning.
I’ve been in NYC this week meeting with hedge fund clients, and also did a lecture at SMB Capital. Earlier today I was in a restaurant and overheard the line
Although I don’t golf much, I’ve found that much of the mental game involved in golfing is very similar to trading. Below I’ve listed some quotes from golfing champions
I’ve been getting a lot of questions about confidence lately. There are many ways to look at confidence for a trader. Is it a belief? A feeling? A combination?
Taking a pre-defined loss is part of the business. Exiting a winning trade and watching it continue to work without you is part of the business. Missing an opportunity is
The mind is very powerful. We interpret things based on how comfortable we are, and we decide to take action based on that perceived comfort level. It reminds me of
People will go to great lengths attempting to avoid discomfort. And as traders, much of what we do is in response to being uncomfortable. This is an extremely critical concept
You need to know WITT Most market participants spend the majority of their time trying to understand and predict what triggers a move in the market. But the majority of
Many traders who do happen to have an edge with their methodology are still not performing well. If that was not the case, many more traders would be profitable. As
Everyone 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
