Right now as I sit and write this article, it’s coming up to the end of 2008 and I’ll be shortly taking a well-deserved break from the markets and my website. Of course, as an admission that I’m addicted to trading, this won’t be a total break. I have some trading books to read and…
I’d like to share an email provided by a YTC-newsletter reader, Alex, in response to the recent article on post-session analysis. In this email, Alex presents a method he used to improve his trading through effective post-session analysis and review. All effective review involves (in my opinion) some form of comparison of actual performance with hindsight…
As we come to the end of year you’re all hopefully spending some time to review the prior year and plan the upcoming year. Maybe you’ll even make some New Years trading resolutions! The following five steps will assist in making better plans and resolutions; hopefully allowing you to stick to them beyond the 2nd…
The following trade review examples have been taken (with permission) from some email conversations with Josh, a trader of the YTC Price Action Trader methodology. He’s still in the early stages of his development, developing confidence in his strategy and processes through historical chart review. He’s doing this using ForexTester software which allows for trading of historical charts…
Successful traders do a lot of work away from the charts. Over the last five years I’ve been asking you to join their ranks. I’ve asked you to create and use a Market Structure Journal – https://yourtradingcoach.org/products/ebooks/the-greatest-trading-book-ever.pdf For YTC Price Action Trader readers, I’ve expanded that to include a Motivation Journal, a Lessons Learnt Journal and…
Feedback from a recent article has been so incredibly positive, with a number of emails coming through saying that this was EXACTLY what these people needed to hear right now. It seems one of the most popular articles of the last 12 months. Check it out here if you missed it – Are You Closer To…
Last week we added some structure to our growth and development as a trader, exploring how we could use our review process to drive our progress along the development pathway. Check it out here if you missed it – https://yourtradingcoach.org/trading-business/its-time-to-fight-to-get-to-the-next-level/ The summary version of the plan was as follows: (1) Find where you currently reside…
One of the things I love about what I do here at YTC is the opportunity to chat with other traders, at all stages of their development. My email archive provides an absolute treasure-trove of information and ideas spanning all areas of this business from strategy to peak performance to business management. I was reminded…
In a previous article we discussed the various levels you need to pass through on the way to achieving your long-term trading goals: See here if you wish to explore this path in greater detail – https://yourtradingcoach.org/trading-business/its-time-to-fight-to-get-to-the-next-level/ And we also discussed the process required to drive your development through each of these levels: This has…
Do you have trading goals? Whatever it is, that’s fine. As long as you’re making progress towards that goal. Let’s be honest though… are you actually making progress? I hope you are! But I speak to a lot of developing traders and the fact is that MOST are not making progress. Here is a problem…
