Traders Mastermind

In this episode I speak to Steve Ward a performance coach for institutional traders across the globe. He works with banks, hedge funds and prop firms to extract the very best from their traders. Steve has a waiting list of institutional clients wanting to work with him so we are very fortunate to have him on the show! Steve shares several tactical ways to improve the trading psychology side of you...

In a recent episode I spoke to veteran trader Al Brooks. Al shared a lot of trading wisdom, but one thing in particular stood out, and resonated with a lot of traders. The art of marking up your charts after the trading day. In this episode, I discuss practical ways to add this tactic into your current trading regime.

In this episode I share my top ten trading books that I consider a MUST read for anyone serious about their trading. You! Some strategy, some psychology and some just good old fashioned stories of traders swashbuckling their way through the financial markets. Hedge Fund Market Wizards Reminiscences of a Stock Operator Come Into My Trading Room Pitbull The Playbook  Bulletproof Trader Inside The Ho...

It goes without saying that preserving financial capital and mental capital is crucial for trading success. Combine those with drive and a strong work ethic and you've got a recipe for success, right? Not always... In this episode, I discuss the importance of clarity in your goals, short-term direction and the power of subtle course corrections along the way.

In this episode I talk about grading your trades. Separating your trading setups and strategies into segments gives you a new dimension of flexibility in your trading. You can: 1) Deploy a more informed dynamic position sizing strategy 2) Stay clear of weaker trade ideas in poor conditions 3) Better allocate focus and screen time 4) Become more confident in your ideas and strategy library So how d...

In this episode, I talk about how you can use visualization to improve your trading. Visualization has been around for decades in the sports world. From Muhammad Ali to Tiger Woods, athletes have been using it to consistently improve performance for years. So why not use it in your trading? Eliminate rule-breaking behaviour in the heat of the moment Imagine the goal of the trader you want to becom...

In this episode Gregor and I discuss the challenges he needed to overcome to post his first ever green year as a day trader. Including: Why he chooses to day trade the DAX exclusively Not trading the open Gregor’s golden Friday rule Hacks to fix his trading discipline Gregor’s favourite trading setup Charts and indicators Oh and an expensive trip to the toilet…! If you’ve been trading for a while...

Negative self talk. As traders, we can be really tough on ourselves. We are driven, we want to succeed, and know we have it in us. But sometimes when we make a trading mistake, our self talk can be so negative that it damages any chance to learn or grow. Perhaps you need to be more disciplined and yes it is very frustrating that sometimes you can't stick to your trading rules. But harsh negative s...

Adam Linton is the Head of the European desk at Newsquawk . An audio squawk service that keeps you updated on potential market moving news events. Both scheduled and unscheduled. Used by prop firms, funds and retail traders across the world. In this episode I asked Adam: How he decides what breaking news is a tradable opportunity throughout the day. What news should a short term trader be focusing...

As traders we can all feel uncomfortable at times, and that's not a bad thing. But when does discomfort turn to stress which no longer serves us? In this podcast I talk about using your discomfort as a guide. "The point where you feel discomfort in your trade is the exact area you need to do more work on."

Hip has been trading for more than a decade. He focuses on YM and CL (Dow and Crude) futures contracts reading tape to fine tune his entries. In this episode we talk about Hip's daily trade prep, some of his trading setups, what he looks for on the order book and why he only trades two markets.

A cyclist decided to chase me down and confront me for beeping at him. His chimp was in total charge... Hear what happened and how it's a great trading lesson!

In this episode Mark chats with Peter Daniel. Peter has been trading for 8 years and specialises in identifying multi day/week volatility breakout moves across a basket of 30 currency pairs. See what Peter thinks holds new traders back. His favourite trading setup The trick he used to help him hold trades longer Why he likes to move stops to break even How to build trader confidence See more of Pe...

Trading is tough, doing the right thing in the heat of the moment is not easy. It's a muscle, a habit that needs to be practised. Build the muscle outside of trading by picking something tough and doing it for 10 days. Train your mind to overcome impulse and align your actions with your long term vision.

How much time are you spending studying? Studying your market, your setup and your performance? Are you going deep in your analysis or are you going wide?

Sometimes to get what we want, we have to take a bit of a detour. We might not even like where that detour takes us... But with our eyes on the bigger goal we can accept going off course in the short term.

Golf (or so I'm told) is a lot like trading, the game is won and lost in the details. One shot can make or break your game. The mental side plays a huge role and the game is won or lost on the putting green or driving range NOT on the course...

“Just stick to the process” “Don’t deviate from the plan” “Stick to your rules” But is it really that simple? Can we really just stick to the process?

Al Brooks is a 35 year day trading veteran specialising in price action. Al joined us as a special guest in our weekly members call to talk about his life as a trader, his method, approach to risk and some of his favourite trade setups. A must listen!

Trading on tilt is a trader's nemesis. It must be avoided at all costs! There's simply no use in working on the operational side of trading if you have a habit of occasionally going on tilt and throwing it all away. Identify your tilt trigger, implement rules to prevent it, and work on it relentlessly.

Our instinct as traders is to look for the answer to a challenge by adding something. An indicator, a line or a rule. Often the answer is in removal, stripping back to almost nothing. Getting crucial momentum with easy wins before tackling the real challenge.

Watch your biases! Criminal or athlete?!

Changing how you feel and react to market moves & trades takes time. We might want to 'fix' our propensity to break the rules and go on tilt immediately. This can cause us massive frustration when we don't. "Why can't i stick to my trading rules?" "Why do I seem unable to control my impulse to trade?" Know that it takes time, just like conditioning your body to the cold. The first few times yo...

Decide now how you will view the market. What will separate you from every other trader looking at the same chart pattern? How will you carve out your own unique edge?

If you've been trading for more than two years and you aren't where you want to be, then maybe it's time for a big change…