How a Trading Journal Changed my Trading and Life
A Tale of Two Traders Of all the incoming questions I get through our blog, I seldom get inquiries about the actual process of trading. It’s always about how much money someone wants to make, how they love a special stock and “what I think”…
How the Media Poisons Your Trading Psychology
A Sweeping Statement I always find it funny when someone goes onto social media …. to knock social media. And yet here we are. I don’t have any major issues with the privacy aspects, if people want to willingly give away their data – it’s…
The Importance of Self-Reflection In Trading Psychology
How Can we Know What we Don’t Know I was in the middle of writing an article on ‘Simple Trading Patterns’ and had to stop dead in my tracks. I am honestly sick and tired of posts about patterns, techniques and strategies to give people…
Screening for Stocks with Better Odds of Success
Finding Winners & Still Having a Life Screening for stocks is a core tool that should help you create a trading model that helps you focus, and not get get consumed by bad habits. It’s taken a number of years for me to tune,…
Is Trading Stocks the Same as Gambling?
Is Trading Stocks Gambling? If you have been trading a while, no doubt have you heard (usually from people who aren’t trading or have lost money), that: Investing is super risky, best leave it to the professionals. All you are doing is gambling The market…
The Ego – The Larger The Ego, the Lower the Profit
The Ego – Your Worst Enemy Writing about the ego is tricky. Most notably because there is a real dichotomy between the advice I give, and how I act in actuality (due to my ego). I’ll humbly ask that you take this for what it…
Mark Minervini’s Master Trader Program: An Honest Review
Take it From a Skeptic Before I start this review of Mark Minvervini’s Trading Course (Master Trader Program) I need to be perfectly clear: I struggle to spend money… education is one of the few exceptions but even at that, I would thought the price…
To be Accountable is to be Free
Perception is Reality To be accountable is the only true path to freedom, both financially and personally. I need to warn you up-front that this article may ‘trigger’ some people. It could call into question much of what you are taught in school or college….
True Trading Knowledge is Experiential
The Illusion of Knowledge “An ounce of action is worth a ton of theory” – Ralph Waldo Emerson Unlike most endeavors we take on, trading is a little different. In fact, trading to me is one of the most free places of expression on planet…
Stress and Trading
Trading is a Psychological Battle “Stress narrow’s your focus and makes you revert to earlier response patterns. You do what you did when you were a beginner. You do what your broker or advisor suggests. You do anything simple.” – Dr Van K Tharp Not…
Choosing the Right Online Broker
Trading is a Serious Business Far too often, I see alleged “professional traders” gloating about massive wins and seldom mentioning the most fundamental truth about the game, the ultimate red pill all traders should swallow early is – trading is a business! I actually follow an…
My 3 Favorite Trading Books of All Time
Prerequisites Before diving into this blog, there are a few requirements that will ensure that any purchase and investment of time (the biggest investment of them all) will be well spent in reading these trading books. Such as: You know what stocks actually are –…