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…
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…
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…
Let’s start by assuming that you are tracking your trade results and compiling stats to drive further growth and development. (See here if you’re not!) What do you do when you discover one part of your trading plan consistently underperforming? It might be one particular setup. It might be one particular type of market…
I receive a LOT of requests to review people’s trades. Rarely winning trades. Almost always a trade which either lost or was scratched at or near breakeven. “Was this a good trade?” “Was I right to take this trade?” “Should I have (entered earlier / entered later)?” Or any other variation of these type of…
(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…
How Can I Get More Discipline? Here is an excerpt from an email I recently received: EMAIL (Excerpt): … one of my biggest hurdles is still discipline. I’m beginning to think I might need some help in this area. Do you know of anyone who has successfully helped people with their discipline? RESPONSE: Poor discipline…
Continuing my fight against the novice belief that “everything must always turn out perfect!”… So we got one good outcome followed by one #$@%^ outcome. LOL. Laugh at yourself. Forgive yourself. FOCUS. Move on. There are more trades coming and they require your full attention. Plus… in the big scheme of things any one…
We’ve talked for quite a few years about tracking your trading results in “groups of tradesâ€. And using the stats from those groups to drive your growth and development. (If you need a larger copy of the original flowchart image, I believe this was the first article it appeared in.) It can be very tempting to…
