Image: controlling emotion

The Path to Emotional Control

Traders have a major problem. After over two decades of trading on the floors in Chicago and San Francisco, building my own options and equity trading firm, training traders to trade my own capital, coaching

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persistent trading mistakes infinite image

Your 2018 Persistent Trading Mistakes Will Persist in 2019

Yes, your 2018 persistent trading mistakes will persist in the year 2019. For those of you who know me well, this headline probably gave you a big jolt. My trading methodology and coaching practice is

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Impulse trading is not what you think

Impulse Trading Isn’t What You Think

It feels so sudden. It feels like it is out of our control. It feels like something just took over. It feels so persistent. It feels so irrational. We start with good intentions and make a vow. Before

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Image showing chart proving the issue of handling trading losses is always at the top of the list.

Our Trading Brain and Trading Loss

A slow motion, step by step playbook. Why is trading loss the biggest pain point for traders? In a survey of over 1000 traders, the issue of handling trading losses is always at the top of the list.

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Image of signposts: December is trading psychology month

December is Trading Psychology Month!

December is Trading Psychology Month, and we have some items planned for you to make sure you start 2019 from a better trading mindset! Every day you have a choice. You can choose to continue the trading

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Shred your personal stories

Shred Your Stories

“The mind has a job. And that’s to give us all the stories that prove that what it thinks is true.” Byron Katie The world comes at us with a seemingly infinite amount of data every day.

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The more you care the worse you fare

Trading Psychology: The More We Care, The Worse We Fare

I remember going to a student’s office where he was an active day trader. At one point, the trader was short a large number of futures contracts and as it approached his stop he started tapping the

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Pithy Trading Psychology Precepts

Pithy Precepts of Trading Psychology

Over the years I have created and collected the following pithy “precepts.” These precepts are trading and investing guidelines that give a compass heading to trading integrity. I offer them

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Pathways to Progress: Your Compass to consistent Profits

Pathways to Progress: Your Compass to Consistent Profits

For over 25 years, I have watched both independent and professional traders flounder. It is the source of one of my biggest frustrations to see capable, intelligent and skillful traders spend thousands

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Learning to trade - from the start right up to your success

Learning to Trade: From Start to Success

Learning to Trade From Start to Success Most of us traders are hoping for that magical “breakthrough” that will give us confidence in our trading and bring us to immediate, consistent profits. We look

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Trading Mastery is Often Sabotaged by Subconscious Emotions

The Path to Trading Mastery is Often Sabotaged by Subconscious Emotions

Traders have a major problem. After over two decades of trading on the floors in Chicago and San Francisco, building my own options and equity trading firm, training traders to trade my own capital, coaching

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How to build new neural networks for more effective trading

Building New Neural Networks

An Introduction to Mind Muscles™ The markets are the markets. There is nothing most of us can do to change them. It is difficult to change the behaviors of people we know well, let alone the masses

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What is a Trading Psychologist?

What is a Trading Psychologist?

Never in my wildest dreams did I ever think that someone would call me up and ask “Are you the trading psychologist?” It has happened. But after two decades of trading on the floors of the Chicago

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Emotions can get in the way of your trading

Trader Case Study – How Emotion Can Sabotage Profits

One of my overseas coaching clients had become frustrated with the complex trading system he was using. He had recently received a stinging set of losses. We were just completing our third phone coaching

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From Simulated Trading to Real Trades, From Small Trades to Big

The challenges facing traders going from simulated trading to real money trading; and from small to large positions. I had a client who I had worked with some time ago who emailed me and said that since

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Fix your trading system

My Trading System Needs to be Fixed

An active independent trader introduced himself to me in an email. He was in a lot of pain. He had been trading successfully during the last six months with a trading system that had taken a year to refine

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How your relationship with money cansabotage your trading success

Money: How it sabotages your trading success

Live trading with real money changes our brain chemistry. Many traders have the experience of being able to trade successfully in a simulated or demo account. However, when they start trading live something

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Where does your trading of the markets break down?

Where Does Your Trading of the Markets Break Down?

Where do your trading behaviors break down? … and what steps can you take to get to your goals? I will give you a link to a great download to help you do this. Alright,… let’s get started. Trading

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Extreme Events: Preparing the Brain for Black Swans

“The voyage of discovery is not in seeking new landscapes but in having new eyes.” Marcel Proust The US stock market has just seen an explosion in volatility moving from a steady climb to a waterfall. The

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Acknowledge the raw experience

The Daily Trading Coach – Accepting the Raw Experience

Can you be your own daily trading coach? It is very difficult to go back in time and change some decisions we have made that we regret. It is also very difficult to go forward in time and go to the future

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