Happy trading,
Lance Beggs
Similar Posts
Improve Your Trading Focus through the use of Aviation Scanning Techniques
Here’s something for the short timeframe swing traders and scalpers to try, in an attempt to improve your ability to sustain your focus and attention and to ensure that you do not miss critical information at the most important times within your trading routine. Consider where your attention needs to be during key time segments…
Situational Awareness for Traders – An Introduction
The following is a series of 24 image posts sent out via social media, from 19th August 2019 to 11th September 2019. They’re repeated here in full, for the benefit of readers of both the YTC newsletter and blog. Regards, Lance Beggs
Calm Aggression – My Optimal Trading State
Let’s begin where we ended last week, with our Mental Reset routine for quickly and effectively shaking off any disappointment and returning ourselves to a state of focus. Step back from my desk. Look at my hands. Wipe and shake my hands as if removing water from them (mentally releasing and letting go of the situation that…
Willpower is Rarely Enough
In the fallout of the Will Smith & Chris Rock incident this week, our social media world was overwhelmed with memes. Some of which were quite clever and make social media almost borderline bearable. But not this one. This one led to an involuntary “FFS!†response followed by rapid scrolling. Nope! Sorry. It’s not that…
Be Water My Friend
Last Sunday I shared this great video on YTC Facebook and YTC Twitter: It led to an email discussion with a YTC newsletter reader who accepts the value of motivation to a trader, but couldn’t see the relevance of the Bruce Lee quote in the middle. The quote commences at 1:37, if you wish to skip forward…
The Greatest Trading Loss
What is the greatest risk you face in trading? Is it loss of money? Certainly, that’s what most traders believe. I tend to disagree though. In my opinion we have something much greater at risk, that very few of us consider during the ‘learning phase’. The American political journalist and author, Norman Cousins, is quoted…