How Mistakes Can Become Baggage
popdoc2013-07-30T10:28:04+00:00Those of us who don't learn from mistakes are destined to repeat them. Most traders are busy focusing on trying to understand what moves the market, but an equally
Those of us who don't learn from mistakes are destined to repeat them. Most traders are busy focusing on trying to understand what moves the market, but an equally
I see it all the time - in my work with clients and in my own trading. Issues in trading are often reenactments of old emotional and behavioral patterns from
With 18 years of trying different things and hearing from others I made an important discovery that has shaped me as a trader and a coach. What I found is
After a big move like yesterday, emotions naturally are stronger. On days like today - the day after, the propensity to trade in response to our P&L is much
If you consider yourself to be a discretionary trader, even with 'rules', what does that really mean? The definition of discretion is the ability, the power, or
Over the 17 years I’ve been involved in trading and working with all types of traders, I’ve seen four types of profitable discretionary traders. The first type of
Some things never change. Regardless of what the FB bankers did or not do, and regardless of what happened at the NDAQ exchange, the blame game is alive and well.
Emotions get a bad rap in trading. The prevailing thought among many traders, including trading educators, is to rid oneself of emotions, or ignore emotions. The fact is that if
(I originally wrote this for the SMB Capital guest blog ) Being very aware of what you’re thinking and feeling is a critical component of self-management. And self-management has a
What’s really holding you back? You need to be honest with yourself when answering that question. In answering the above question, I suggest you consider the following: As a trader