Trading Psychology and Tips

The Fallacy of Believing You’re in Control

August 23, 2016
How close are you to "being there"? Many traders sense that they are close, so close. They have a strong feeling - they know it is true - that success is right around the corner. But something is missing. All... Read more

Do You Have What It Takes to Be a Professional Trader?

August 16, 2016
Many people dream of being a successful trader, but few achieve this possibility. What stops them? Is it talent, smarts, motivation, or knowledge? Rarely are these the obstacles. Frankly most traders are stuck in thinking like a fan or an... Read more

Feelings and Emotion = Important Data Points in Your Trading

August 10, 2016
We’ve all heard the old trading adage, “control (or eliminate) your emotions”. The problem is it is not only impossible, it is very frustrating – not to mention not helpful – to hear this hackneyed and unrealistic advice over and... Read more

Habits and Trading Feedback Loops

August 9, 2016
Forming good habits and breaking old ones is important to anyone who is trying to become good at something. Whether it be becoming a concert pianist or giving up smoking. Trading is no different. If you want to become excellent... Read more

3 Reasons Why Traders Fail

August 4, 2016
Today we discuss 3 reasons why many retail traders fail. In our opinion this can be narrowed down to 3 key items - day trading stocks, using the wrong time frames, and a lack of patience. Day Trading Stocks There... Read more

Opening Your Eyes to Mindful Trading: Seeing the Hidden Obstacles to Your Success

August 3, 2016
Imagine having your perception (and your reactions) change in the blink of an eye. Suddenly what made no sense moments before now makes perfect sense. What you were sure was true a moment ago became a limitation to your understanding.... Read more

Trading Education? Buyer Beware!

August 2, 2016
After talking with my family and a few close (non-trading) friends, I finally reached the point where I can’t keep quiet about this any longer. The final straw, for me was yet another email exchange I had yesterday with another... Read more

Losing Money, Missing Out, Hurting & Complaining?

July 21, 2016
I'll keep this one short and simple... reading a trading psychology encyclopedia with tons of info may be very interesting and sound good, but won't actually change your results. Today's lesson: If you find yourself getting crushed, missing out, or... Read more

Why You Must Factor in Trading Mistakes

July 21, 2016
If you day trade, just by the sheer number of trades that you’re likely to take over time, it’s incredibly likely that you will make trading mistakes. People new to trading are particularly prone to mistakes. They might not be... Read more

Performance Stress: Taming the Monsters that Sabotage Your Potential in Trading

July 19, 2016
A little stress is a good thing for performing. Beyond that, stress responses to Uncertainty kill the capacity to stay calm, patient, and disciplined in trading. In fact, the stress becomes anxiety (worry about the future) and the mind begins... Read more