Trader Mindset

Subscribe to the show   In order to affect the change(s) you need to make, you need to get out of your comfort zone and create new habits around that behavior.   From what I've read, creating a new habit is going to take approximately 2 months.   Take it one day at a time. Next thing you know, you'll have a week of new, more productive behavior behind you.   Of course, you need to have a plan that...

Subscribe to the show   Play your game - don't try to become someone or something else when the markets go against you.   Stick to your knitting - the market will continually morph to try to get you out of your mind so that you betray yourself.   I misspoke on the show - the Russian hockey coach who succeeded Anatoly Tarasov was Viktor Tikhonov.   Click here to get your free copy of The Inner Voic...

Subscribe to the show   You have the right to 'not' participate in the markets - that's an edge.   It's a good time to reach out to potential clients and gather assets to manage / trade.   When markets are under duress, so are the people who have substantial assets at risk.   They need help and you're just as good as the next person to provide it.   You just have to believe that you are...   Click...

Subscribe to the show   Upside movement for long-only traders and investors can induce you to buy back into a falling market.   This is your emotional system running your trading system.   Even pro traders have strong emotions, but they don't let them undermine their trading.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Metamorphosis is a part of life, but not when markets are in turmoil and you are bored.   Becoming a different trader because your main model is out of favor for the time being is a path to losing a great deal of money.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   If you jump the gun, you're satisfying an emotional issue not a financial one.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Let go of what's not working and watch your results take off.    Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Specialize one style of trading on one asset class.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   When you stick to your knitting, you make more money.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   If you have blow out losses, it could be because you are reluctant to lose smaller percentages of capital.   Sit on your hands for larger gains.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Why did you make the money you made?   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Look at where your returns are clustered. Work backwards from there...   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   You get paid to execute, but stay in your lane.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Winners rotate.   What made you money through the end of August, might not be the same names worth being in going forward.   Be careful trying to buy the same stocks or contracts after you get stopped.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Poor trading is rarely about not knowing what to do - it's in the poor execution - and that's an emotional and psychological issue.   Know thyself.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Avoid indecision in your behavior and don't join the crowd in theirs.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   You can adjust your bet size based upon the probabilities that you discover from your backtesting.   Keeping your losses small is the hallmark of professional trading.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   You can simulate a trading model across any asset class.   Make sure you test at the portfolio level, not one name at a time.   Two, add back in the instruments that have been delisted or that don't trade anymore in order to help offset survivorship bias.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Setting a goal of "I want to make $1 million in my trading," is very different that saying "I want to do the daily activities that will lead to my prosperity."   Make sure you goal is based upon your behavior, not the result of the behavior.   Behavior predicts where you end up in life.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show When you manage your time better, your life gets better - and so does your trading.  Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   When you don't have a trading strategy or plan, any outside idea can look appealing.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show You have two portfolios that you're running at the same time: the risk you have and the risk you want.  Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Don't fall into buying pullbacks because you don't have a plan and the biggest feeling running through you is regret.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Don't be the uncertain element of your own trading.   Click here to get your free copy of The Inner Voice of Trading audiobook .

Subscribe to the show   Goal setters put their happiness in their goals and set the world on fire.   Be one of them and surround yourself with them.   Think like a portfolio manager and cut your allocations to negative people and energy.   Click here to get your free copy of The Inner Voice of Trading audiobook .