The Irony of Discretionary Trading
popdoc2012-11-08T12:12:44+00:00If you consider yourself to be a discretionary trader, even with 'rules', what does that really mean? The definition of discretion is the ability, the power, or
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11, 2012
14
05, 2012
Who Are You?
popdoc2012-05-14T10:01:09+00:00The following is an excerpt from an article in Naval Institute magazine – there’s a lesson not only for navigating a ship, but for traders too. ------- Shortly after dark,
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12, 2011
Are You Fighting Yourself?
popdoc2011-12-13T08:01:20+00:00Emotions get a bad rap in trading. The prevailing thought among many traders, including trading educators, is to rid oneself of emotions, or ignore emotions. The fact is that if
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10, 2011
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
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09, 2011
The Hidden Variable in Your Trading Success
popdoc2011-09-08T09:46:12+00:00Most 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
3
08, 2011
Prediction and the Need to be Right
popdoc2011-08-03T09:10:27+00:00I 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.
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07, 2011
This Question is a Red Flag
popdoc2011-07-25T15:44:01+00:00How 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
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06, 2011
Trading Wisdom From Golf Champions
popdoc2011-06-16T17:15:03+00:00Although 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
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06, 2011
3 Types of Confidence
popdoc2011-06-07T16:38:36+00:00I’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?
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03, 2011
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