Trader Mindset

Entries don't mean anything unless you know your exit and position size. Entries are just prices. Entries, exits, and a position sizing algorithm are the 3 crown jewels to a basic trading system. Don't look at intraday charts - they are worthless and contain the most random data compared to Daily, Weekly, or Monthly charts - in that order. Trading is a game of failure - like baseball. You simulate...

Michael Martin follow-up with many of the questions with a more detailed context than is possible with 140 characters.  If you don't know who you are, any strategy will look good to you - and that is perilous for new traders.  The StockTwits AMA stream has been published at Medium if you'd like to read some of the questions.   

Michael Martin speaks with trading expert Pete Renzulli. Over his career, Pete has held many roles across his trading career. He discusses how he developed his trading edge in this funny and insightful discussion. 

Michael Martin reads and ad libs off an article he wrote for MartinKronicle.com. The post is on how traders and PMs can raise money from investors and allocators. 

Michael Martin speaks with Cornelius Luca, foreign exchange expert. Topics include Brexit and European elections. 

Michael Martin speaks with former CFTC Commissioner Chilton. Topics include position limits, Dodd-Frank, and disgraced FCM heads Corzine, Bennett, and Wasendorf. 

Energy Analyst Brynne Kelly speaks with Michael Martin about the fundamentals of the crude oil market. Brynne puts out daily market analysis on the crude complex and has several decades of experience dealing in the physical crude oil market. 

Michael Martin answers a questions sent to him via Twitter, "Besides Sugar, what are your 3 favorite markets to trade?"  This podcast is the answer. 

Jeff is at the helm of a Modern Trader Magazine - a storied publication that dates back to 1972. It was originally known as Commodities and then Futures Magazine.  Today's incarnation is not relegated to commodity futures only, but equities, options, and exchange traded funds.    Go to >> ModernTrader.com < < to learn more. 

Join Michael Martin, publisher of the new book Managing Expectations by Market Wizard Tony Saliba and listen to this free chapter from the upcoming Audiobook.  This is Chapter 4 of the 24 chapters and it's called "Options Gamma."  For a limited time, you can get free copies of the ebook and audiobook when you purchase the hardcover. Go to >>  Managing Expectations   <

Ally Hamilton is a Santa Monica-based yoga teacher , writer and life coach, who streams online yoga classes all over the world. She's the co-creator of http://YogisAnonymous.com , which has been featured in The New York Times, Yoga Journal, Self Magazine, Shape Magazine and The Wall Street Journal. She's a regular contributor for The Huffington Post, a wellness expert at MindBodyGreen, and writes...

Russell Rhoads is the Director of Education with the Chicago Board Options Exchange (CBOE). 

Dr. Norman Rosenthal, MD is an expert in Transcendental Mediation and has written a new book on the subject called Super Mind:  How to Boost Performance and Live a Richer and Happier Life Through Transcendental Meditation . In 1980s, he was a pioneer in the use of light therapy to treat Seasonal Affective Disorder or Winter Depression.  He speaks with Michael Martin on the many benefits that TM pr...

This is a TBT interview that I recorded with Larry about 5 years ago. You'll hear the difference between the audio in that we are using newer hardware and software. 

In today's trading environment, you need more going for you than just a set of rules to make it as a trader. There's compliance, clearing and execution, legal, accounting, and creating a track record.  Most traders don't like the sales and marketing end, so they bury their heads and create trading models. Unfortunately, that is not the path to getting discovered by a seeder or allocator. An aspiri...

By the time he retires in a few years, Peter Brandt will have traded across 6 decades. He is the author of Diary of a Commodity Trader and the brains behind Factor Research. 

Brian Shannon is a prolific blogger and author and a major contributor to StockTwits. His blog Alphatrends.net is celebrating its 10th year.  His book is called Technical Analysis Using Multiple Time Frames . 

Matt Davio is an expert at trading with Market Profile. You can learn more about Matt and Market Profile at MarketProfileTradingAcademy.com

Financial markets are a creation of humans: humans who respond with fear and uncertainty, humans with damaged egos, humans who curse others for their mistakes, humans who make predictions, and humans who follow the crowd. Market prices, like humans, are sometimes - but not always - driven by sentiment .