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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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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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 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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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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Amazing Super Secret Trading Computer Only You Can Access
If you type “secret trading strategy” into the Google search engine, you will receive over 10 million returns. So, why is it that marketers use the word secret when in fact they are flogging it to
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2018: The Year of Intention
What will you do for yourself in 2018? What new behaviors will serve you better? What current beliefs do you hold that aren’t working for you? How do you see yourself in a way that you have outgrown? Behaviors,
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Bitcoin News: CME Opens, and Trading Tightens
The CME opened it’s futures contract today (BTCF8) that expires in January. The spreads are tightening up! The CBOE’s contract, (XBT) spreads are down from around $100 to around $30 as I look at the
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Two Parts to Trading Psychology That Lead to Better Trading Decisions
There are two parts to trading psychology that when understood lead to better trading decisions: the inside and the outside. First let’s look at the outside. The market itself is not an objective,
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Bitcoin Futures and Options: Trading the Hype!
Bitcoin futures and options are arriving at your broker as soon as this year. The CME – Chicago Mercantile Exchange – is planning to list Bitcoin futures and the CBOE – Chicago Board
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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.
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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
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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
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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,
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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
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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
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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.
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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
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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
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