This blog originally appeared on the SMB Capital training blog here after Mike Bellafiore, author of the book, 'One Good Trade: Inside the Highly Competitive World of Proprietary Trading" asked
Obviously, you need an edge with your trading methodology or you’re not going to make it. If you haven’t back-tested it or cannot articulate it, you may not have one.
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
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
I’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
Emotion analytics is the process of tracking one’s emotions. It is an important tool in trading psychology and is used by some very sophisticated traders. The importance of understanding your
Today is rollover for Futures contracts, moving into the December contract month, and often presents an especially tricky market environment. I have learned, from trial and error, to not trade
A few months ago I asked a friend who is a veteran trader and a former professional poker player for some advice before I participated in a charity poker game.
Have you ever experienced doing well for a period of time and then something just snaps and you end up losing a significant amount of money? It happens in a
