All Entries Tagged With: "Confidence"
The Zurich Axioms
It’s a relatively short book at only about 123 pages, but the “Rules of Risk and Reward Used by Generations of Swiss Bankers” offers no shortage of wisdom and insights for any trader or speculator.
What it Means to ‘Trade Like A Bandit’
I cap off every post and free video with the phrase ‘Trade Like A Bandit!’ Some get that, others don’t. Here’s the simple explanation.
3 Ways to Grow from Trading Adversity
You’re facing a choice of whether to persevere or to walk away. While moving forward might or might not deliver the success you so badly want, I can guarantee you that walking away will never allow you to reach your trading goals.
A Look Through the Goal Posts
It’s that time again…time to reflect on the previous year, see what you can learn from it, and then determine how to apply it in the year ahead. I’ve talked quite a bit about goals here, so rather than reinvent the wheel, I’m going to review goals posts from the past.
Getting Over the Consistency Hump in Trading
I heard from a trader over the weekend who has gone through a number of changes in recent months, both personally and in their trading. The result was a big lack of consistency in their trading.
A Trader’s 5-Step Recovery
Traders have to go through recovery on almost an ongoing basis. Sometimes it’s from a paper-cut-sized hit to the account, while other times it involves coming back from an amputation of sorts – whether it be a major drawdown to actual or emotional capital.
Don’t Be a Monkey
Ever seen a monkey trap where they grab the bait inside but when making a fist, can’t get their hand back out? I’ve made some trades in that manner, and perhaps you have too, but where did we go wrong?
