Trader Mindset

Subscribe to the show    How do you want trading to serve you? It's probably not just about the potential to earn money. Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show    Feelings aren't facts. The gut feeling traders have about an earnings announcement is where overconfidence shows up in their trading. Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show    I think prediction is more about being correct (and doing so publicly) rather than anticipating a move or a series of moves that make you money over time.  The latter is about expected values, not accuracy.  Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show    Forcing the issue or forcing a trade rarely works out well. It's a need for an emotional win, more than a financial one. Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show    You can inadvertently invite a lot of frustration into your life if you place your protective stops too tight. You'll get knocked out of an otherwise good trade. Stocks and commodity futures have a personality and you can't expect them to be something they're not. Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show    Protective stops preserve your capital and preserve your mindset. Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show    If you let the weeds bloom at the same rate of your flowers, you don't have a garden. You have a mess. Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show    Backtesting forces you to be objective and not selective and removes the "yeah, I would've put that trade on..." Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Short-term data are more random than upper time frames. Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Looking at the ratios between your winners and losers and the frequency with which they occur.   Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Managing risk and determining the best use of your time.  Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   If you are trading on headlines, you are in reaction mode. Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   If you put your stops here, you're going to get knocked out of any otherwise good trade.   Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   If all your positions have a zero at the end, that's a problem. Think in percentage terms.     Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   If you know what your target RoR needs to be, you can determine the number of trades you need to make knowing your winning % and ratio of average winners to average losers.    Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   You can lose money from bad luck, bad timing, and bad analysis.    However you start losing money, get out instead of adding more.   You won't get out at a lower break-even price.    You know it and I know it.    Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Backtesting is forced objectivity and it can help you stop deluding yourself.    Click here to   get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Winning and losing streaks will happen perhaps from skill, but mostly from randomness.    Don't become too emotionally invested in either. Take them in stride.   Click here to  get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Your goal is to trade your model, not worry about the outcome of any one trade. Traders live in a probabilistic world, not a deterministic one. Click here to  get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   We get paid to execute. Everything else is self-medication.    Click here to  get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Hint: it's everywhere.   Click here to  get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   You need to learn the tactics and most importantly learn about yourself. Those two processes accelerate and decelerate at two different speeds and you'll need to make adjustments between the two as the wisdom comes to you. Click here to  get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   There are too many reasons why a trade doesn't work out. Your protective stops will catch all of them, despite your inability to know them all.   Click here to  get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   How to trade:   1) Add risk to your portfolio 2) Enter protective Stop Order 3) Don't watch the trade - go do something else   Click here to  get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   If you're missing trades, maybe you aren't as emotionally attached to your goals as you should be...   Click here to  get your free copy of The Inner Voice of Trading audiobook .