Trader Mindset

Subscribe to the show   Sector rotation is underfoot.   Time to look at new names in new sectors.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Don't fall in love with a stock or future contract.   You have to remain objective enough to cut ties with either and never look back.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   As I've mentioned earlier, when you set your protective sell stops, you're not only protecting your financial capital, you're protecting your emotional capital as well.   Even if you would consider yourself as having an aggressive trading style, your main focus in both strong and weak markets, is to play superior defense.   Protect your capital at all costs.   Click here to...

Subscribe to the show   When momentum stalls, you can deploy a "time stop" to sell before your percentage-based protective stop gets filled.   Good trades start making you money right away.   If momentum stalls right after you get long, it's a warning sign that you have bad timing.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   With a nod to Langston Hughes' poem "Harlem," there's a large opportunity cost to not taking immediate action towards hitting your goals.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   You can avoid the "should have, could have, would have's" by acting with intentions.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   When you get stopped out, you free up all the noise in your brain.   Practice mindfulness during the day by trading in silence and listen to yourself.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Quoting Charlie Munger, it's hard to be a great investor.   You can be average and still do very well.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   When you set your protective sell stops, you're not only protecting your financial capital, you're protecting your emotional capital as well.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   If you have a robust system with positive expected values, it's just a matter of time for you to see the results that you seek.   However, you have to take every trade.   And although that might not feel good at times, it's integral to your overall performance and track record.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Your reluctance to feel frustration in taking small losses today ensures that you will feel despondent going forward.   Reluctance makes you do the stupid things that you end up having many regrets around your decisions and large losses.   Therefore, you should start to not only invite the frustration into your world, but you should come to love it because of what it means...

Subscribe to the show   Putting your optimal size on all at once might be more of an expression of greed than starting smaller and adding to it.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   When you try new things, you don't know what you're doing oftentimes.   Let it get messy and pay attention to how much permission you give yourself to find your best version of you.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   If you don't have a trading edge, volatility does not equal opportunity for you.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   A favorable outcome does not necessarily say anything good about the process.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Subscribing to a Reddit feed does not constitute a trading edge.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Financial independence comes from being self-reliant.   You cannot count on anyone but yourself.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   The Greater Fool Theory is alive and kicking on every trade, not just the momo stocks.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Protect your capital and play superior defense.   That's job #1.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Why trading rules are your pilot and navigator.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   If you fear being conquered, you ensure defeat.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Traders live in a paradigm of personal responsibility.   You have to find the ingredients, come up with the recipes, learn to cook, and then eat your own cooking.   End of story.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   FCMs and B/Ds can change/increase your margin rates without notice and without an explanation.   They do this to protect the integrity of the market whether participants like it or not.   This is normally done to the retail market, not the institutional market.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   You don't even have to buy Calls - you can get clients to give you them.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   I don't think you can intellectualize how you will feel about something you haven't experienced.    The emotional and psychological wisdom you gain from experience is invaluable.    Click here to get your free copy of The Inner Voice of Trading audiobook .