(click here to see a video version of this article) I want to talk about a common theme that’s in many of the email questions I get through my website. Many people have bought a trading system, or a couple of books, or attended a seminar, and just not achieved the success they thought they’d…
Fatigue management is a favorite topic of mine, due to my interest in aviation and in particular aviation safety. In military aviation, in both a training and operational environment, fatigue management is recognized as an essential function of command, in order to minimize risk and enhance operational effectiveness. The same applies to the management of…
I was driving in my car the other night with my twin daughters when the conversation somehow turned to what they wanted to do when they grow up. Naturally, being only nine years old, they had many ideas. There were those that I was very happy with – an astronomer, a veterinarian, a professional soccer…
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…
The following is some reader Q&A following publication of  Advanced Candestick Analysis (Part 1 of 2). Question: Hi Lance Great article and of high value, I am impressed man. Only one thing if I have problem from time to time with is: BIAS. My trading suffers whenever I form any BIAS whether its for gap…
From time to time I like to share some of the reader Q&A, as it often contains lessons or information that is important for all of us who aspire to master this trading game. The following is a great question from one of the YourTradingCoach newsletter readers, Rory: Question: I have to thank you…
7 Steps to Surviving a Trading Slump “How you think when you lose determines how long it will be until you win.†… Gilbert Keith Chesterton, 1874-1936 As if learning to trade wasn’t already hard enough… If you’ve been in this game more than a few months you would quite likely have experienced…
Life… the stuff that gets in the way of your trading! I know that everyone has difficulty at times fitting their trading in and around the rest of their life. Especially if you’re still working a full-time job and raising kids at the same time. But seriously, I can’t imagine a much worse time-zone for…
A key component of my trading documentation is my Lessons Learnt Journal – a collection of insights organised into numerous trading-related categories. It creates a great tool for both formal review and learning, and also for casual reading whenever I’ve got a spare few minutes. Within this invaluable resource, and amongst the numerous market structure and price…
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…
