One of the most common things I hear from new coaching clients, and in emails I receive from other traders asking for advice is often some variation of: "My
After a big move like yesterday, emotions naturally are stronger. On days like today - the day after, the propensity to trade in response to our P&L is much
As you read everyone's articles on new years resolutions and possibly consider your own, keep in mind one very important concept that you probably won't hear much about. The
If 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
Some things never change. Regardless of what the FB bankers did or not do, and regardless of what happened at the NDAQ exchange, the blame game is alive and well.
The cure for New Years resolutions - NYR Let's get real for a moment. It is the second week of January and I’m assuming many people have made at least
Emotions 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
I’m going to show how watching people get slapped on Reality TV can be a trading lesson. Recently someone was telling me about one of those TV shows where a
(I originally wrote this for the SMB Capital guest blog ) Being very aware of what you’re thinking and feeling is a critical component of self-management. And self-management has a
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
