Trader Mindset

Subscribe to the show   History lesson: Netscape Navigator v. Microsoft's Internet Explorer - how to see things for what they are.   Click here to  get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Trade the price, but fundamentals will eventually matter.   Although I believe it will evolve to a professional level over time, right now Coinbase is a 5G Company with 9600 Baud Client Service.   Click here to  get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   If you have too many choices, you can find yourself stuck in indecision.   Getting clear about your goals will save you enormous amounts of brainpower.   That allows you to focus your intentions on the most important things to you - your goals.   Click here to  get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   You can manage your mindset like a portfolio manager.   Sell the bad vibes and buy more of the good ones.   When you sell your losers fast, you improve your mindset.   That can lead to better performance.   Click here to  get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   You'll feel better taking the small loss today, rather than taking a larger one tomorrow.   By avoiding the frustration today, you invite despondency tomorrow from having lost more.   Things go from unfavorable to bad and then to worse.   Which would you rather feel?   Click here to  get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Don't become soft and start negotiating with yourself when you start losing money.   Be decisive and offset the position.   You main goal is to play superior defense.   Click here to  get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Don't let your greed overshadow risk management even with large unrealized gains.   You can give them back in no time.   Click here to  get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   It's the client's money, but you are the boss.   Wherever you are sitting, it has to be at the head of the table.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   It's the client's money, but you are the boss.   Wherever you are sitting, it has to be at the head of the table.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Tell your clients to mind their own business.   You are the money manager / investment advisor.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   "When I fall in love, it will be forever." - When I Fall in Love , Nat King Cole (lyrics by Edward Heyman and music by Victor Young)   Stocks aren't women (or whoever you're attracted to).   Don't fall in love with them.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   The story around a stock can cross over into the realm of fiction.   Only the price tells you the truth.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Set goals even if you don't know how you'll achieve them.   Your brain will find a way to work it out.   Intentions equal results.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   We are powerless over the markets.   The best we can do is to harness the forces to our advantage only when it makes sense to do so.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Traders constantly make decisions with imperfect information.   Be mindful and aware that your strong feelings for a name / sector don't outweigh the expected value of a trade.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Context on self-doubt when it begins to pervade your trading when you find yourself in a losing streak.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Managing risk when your names go against you but you don't get stopped on any one particular name.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Equity pairs (long one stock, short another correlated stock) can stake the sting out of market pullbacks.   This involves short selling so make sure you know that short selling is appropriate for your level of risk tolerance and financial means.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Your upside and drawdowns go hand in hand.   Make sure you investigate both when adopting a new trading style or asset class.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   I believe in knowledge for the sake of it.   But you need to figure out the marketing game in order to attract clients and assets.   Having a designation isn't going to attract new clients through the front door.   This also marks the second time I misspoke this week: I'm pretty sure Alex Lifeson used a Flanger with Chorus on The Spirit of Radio . I believe I said Phase Shi...

Subscribe to the show   If you're an investment advisor, you need to have an understanding of the narrative as it will come up with your client conversations.   If you're creating alpha, focus on your own behavior and eliminate as much of the noise as possible.   The price will tell you all that you need to know.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   You can learn and enhance the nuances of your trading rules by looking at the same instrument over multiple time frames.   This allows you to refine your rules to better suit your emotions and trading psychology.   Fragile is the 4th album by the musical group Yes...I mistakenly said it was one of the first albums.   Click here to get your free copy of The Inner Voice of Tr...

Subscribe to the show   You can't delegate your emotional intelligence.   What can you replace your feelings of frustration with that won't sabotage your trading or your life?   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Human behavior is predictable: people want to feel good.   That means they'll do the wrong thing at the right time.   Use that to your advantage in your modeling.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Seek pleasure in setting your protective stops.   Love the outcome rather than becoming frustrated - you've just preserved your capital.   Click here to get your free copy of The Inner Voice of Trading audiobook .