Trading The Dream: Hype, Hope or Harmony?

Trading the Dream: Are we addicted to the fantasy? Many of us come to trading because it has the potential of fulfilling our dreams. Trading does not require the approval of our parents, family or community. Trading does not require cooperation from our boss, our employees or our shareholders. Trading does not require us to […]

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Can You Imagine Your Trading Success?

If you can’t imagine your success as a trader, fully, completely and with joy, success is difficult to achieve. Can you describe yourself and your life as a successful trader? Having worked with dozens of traders as a coach and hundreds of traders in my courses, one of the first things I ask the traders to do is […]

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Confirmed: Self-Awareness is vital for successful trading

The “Golden Keys” are the primary learning path for traders at the Mind Muscles Academy. These keys are: Awareness Acceptance Action Our emphasis on self-awareness starts with our physiology, or what we call our sensations. Next, we become aware of our emotions. Finally, we become aware of the quality of our thoughts in real time. […]

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Effort: The Best Model for a Trading Coach

What? A trading coach requires effort? Effective learning comes with effort. It turns out from the advances in neuroscience, that the most effective learning process comes with effort. That’s right, effort. If we work at learning a new skill, the fumbling around no matter how awkward it feels, provides a better platform for long-term skill […]

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Trader Case Study: How Kim Brought Process to Trading

When I was a commodity broker for Merrill Lynch (yeah, over 3 decades ago), my clients who lost the most money tended to be doctors and lawyers. This is because they were so used to having the power to shift their environment, that they just assumed that because of the power of their personality, their […]

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You Can’t Solve Irrational Trading Behaviors with Your Rational Mind

You can’t solve your irrational trading behaviors with your rational mind! When we deviate from our trading plan or our carefully constructed intuitive and discretionary trading processes, we do so not from our neo-cortex, our rational brain, but we do so from a survival part of ourselves. Thus, when we wake up in the morning […]

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The Mental Game of Trader Training: Words Matter

The first thing to do when looking for a trading coach is to eliminate the trading coaches that are less likely to be helpful. The first thing to be aware of is the language that the trading coach uses. Notice if these words are in their written materials or come up in your interview. 1. […]

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Angry man Bob self awareness

Self-Awareness Exercise

Story: Bob walked the meeting with a vague sense that something was wrong. He had not slept well the night before and Stephen, his rival for CEO in another division, had set up the participants and the agenda. The critical players in the company would be there. Bob sensed that he had to be careful. […]

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How most traders fail: The roller coaster of hope and despair

  Yes, most traders fail to realize their dreams. Yet most traders continue to try harder doing what they have been doing. Although it doesn’t seem rational, we as humans with our human brains continue to hope that tomorrow will be better. It is this hope that keeps us going. But then we lose hope. […]

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Trading in the Now

“Watch your thoughts: They become words. Watch your words: They become actions. Watch your actions: They become habits. Watch your habits: They become character. Watch your character; It becomes your destiny.” – Lao Tzu   In over three decades of trading, I have trained professional traders, money managers and independent day traders. Because we all […]

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