Why Most Traders Will Not Succeed
popdoc2011-10-03T09:49:25+00:00What’s really holding you back? You need to be honest with yourself when answering that question. In answering the above question, I suggest you consider the following: As a trader
What’s really holding you back? You need to be honest with yourself when answering that question. In answering the above question, I suggest you consider the following: As a trader
Most traders realize that trading involves a lot of psychology. And most traders readily admit that a significant portion of their trading losses, or lack of performance, is due to
How much money can I make? Many independent traders come to trading with preconceived ideas about how much money they can make (I’m sure all the ads promising you can
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?
Many models of cognitive functioning like to use computer analogies. That can be okay, but has limited utility when you're actually trying to change something about yourself. The computer model
Are 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
Take 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
A common way of looking at the development of any skill, including trading, is to use the psychologist Abraham Maslow’s Four Stages of Learning model. Maslow uses the matrix of
It was nice to see that my recent webinar on self-confidence in trading had about 325 live attendees. I wanted to mention a few things I didn’t have time for.