Trader Mindset

Subscribe to the show   It might take a few months to figure out what the best process for you to follow actually is.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Traders trade. That's it.   There isn't anything that you need to beef up your credibility.   Just start managing the risk.   What you learn from the doing will provide you with all you need.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   The investment advisor world does not typically train individuals to make their clients money.   Naturally, learning how to read charts is something they have to endeavor on their own.   Here's one way to begin to understand what's going on behind the OHLC bars or candles.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   There seems to be a natural order of things that risk managers need to endure to find their game.   Those include security selection, position sizing, entries, and exits.   For most, this is time consuming - and that can be frustrating in and of itself.   I have found that there is one overarching thing that can help expedite the process.   On some level it has nothing to d...

Subscribe to the show   If you take profits, delete the name from your screen.   These aren't lovers - you can't fall in love with former flames.   The last thing you want to do is start looking at 5-minute bars after exiting a winner.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Adjusting your stops to take profits is an art and science and it ties directly into your tolerance for risk.   How much of your current unrealized gains are you willing to risk in order to stay in a trending instrument?   This topic is at the top of the list in trading psychology.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   It might not be great for your personal relationships, but there might be a benefit to keeping your risk on a 2-inch leash.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   It's wise to adjust your stops several times per day if necessary.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Mastery is achieved over time.   The most important thing is to know yourself - which is a never-ending assignment.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Determining what consistency means to you and for you based on what you have to live through and perform.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   One way to understand the difference between creating gains versus creating alpha is the time frame.   And creating net gains over time and benchmarking them versus the S&P requires one thing from you in terms of behavior.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   You'll never be as emotionally connected to someone else's work as you will your own.   Do you own homework - it gives you ownership and better connects you to hitting your goals.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   There are several levels of trust to consider and they all have to align.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   You might be shooting for 50% RoR, but that comes with the potential for a 25% drawdown.   Your clients might not want either...   Make sure you communicate what you're endeavoring with your clients and be on the same page.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   It's very difficult to backtest chart by reading charts going back 20 years.   A trading simulator that runs at the portfolio level is your best bet.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Take a small step in the direction of your goal.   It's a much greater effort to put forth than someone sitting on the couch.   Take action.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   On some level, everything is unexpected - I know that.   In this context, I'm speaking about markets moving sharply against you before you have a chance to act.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   You've probably heard the saying "what gets measured gets improved."   There are several moving parts to managing risk as a trader or advisor.   Here are a few things that you can chew on for your end of year or 2021 planning.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   The easiest way to lose a great deal of money is to bet big because you think you "have a feel" for the ticker.   On the other hand, you might be leaving a great deal of upside on the table because you're being too conservative.   A good place to start is by having consistent position sizing.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Put yourself first.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Are you wrong or unintelligent when a trade loses money?   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   You have more time than you think to get it together.   If you press, you'll lose.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   The best you can do is put your trades on.   How you modulate your interpretation of the market activity comes down to managing risk.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Mindset is one of the biggest differences between the two.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   In order to get paid what you're worth, you have to have a clear understanding about what you bring to the table.   You also need to understand the landscape of the industry and how you compete therein.   One thing is certain: if you don't ask for the money, you're not getting it.   Click here to get your free copy of The Inner Voice of Trading audiobook .