Bad Habits of Traders – It Ain’t About the Money – Part 4 Psychology of Trading This one is really going to surprise you. DON’T EVER THINK ABOUT MONEY WHEN TRADING! I know it sounds insane, but if you ever …
Life Lessons from the Trenches – Consistency The number one thing about trading is CONSISTENCY (ok, there are many things important in trading, but few trump this one). Before trading, and even into my early days of trading the one …
Life Lessons from the Trenches – Precision What exactly is precision? Whenever I think of the word precision I think of calibration tools, sophisticated equipment, submarines and other highly technical stuff. But in reality, precision is simply being precise. Before …
Book Recommendation – Switch: How to Change Things When Change Is Hard Change is so hard, even for a trader. Not only because we resist it completely, but mainly because we don’t know HOW to make the change. It’s one …
As I mentioned earlier, the screwy thing that can happen is that we develop bad habits in trading before good ones. Profit Management – Or Lack There Of The second biggest, and can be more harmful to your emotional state …
Book Recommendation – The One Thing Here’s the deal, if you can focus on ONE THING in different areas of your life, you will be able to do it amazingly. And then move on to the next One Thing. After …
