TradingLife Podcast with Brad Jelinek

I discuss the difference between the two and how it’s important to pay attention to your emotional state or else you are going to have to circle back and fix it later.

I discuss Kellogg, bitcoin, and gold. I talk about the reasoning for each of these trades.

I answer a question from a trader who emailed me about being stuck in his career. I also get into my personal experience of how I found my way.

I discuss why being impulsive is a good thing and a bad thing. The key is understanding when you’re vulnerable.

In this episode I reflect on my desire to constantly be learning and growing. Why am I doing these things? Sometimes it can become like a sickness and I can operate out of an energy that’s not productive. It’s important to really understand why you are doing this stuff in order to get the most out of it.

I discuss why it’s unlikely you will be successful over the long term just using a chart. Some people may pull this off but in my experience and from observing others who are successful this is rarely the case. I talk about why.

I talk about the long journey of discovering what you are good at while also learning from others who are successful.

I discuss MO and the recently Morgan Stanley news that drove it lower.

Today I talk about the huge amount of resources we have around us and how much that can shorten our learning curves but how much it can also plug up our brains and cause us to lose our own voice.

I discuss the power of small habits and the beauty of focusing on what works vs what doesn’t.

I discuss when and how I do it.

I discuss how to stay on a roll and what starts to happen when you are about to struggle.

I talk about some of the things I subscribe to and why.

I discuss how keeping track of your energy is as important as keeping track of your finances or your trading results. I share a few ways that I’m trying to do that.

I talk about the trap that winning creates and how my worst decisions will often come after my best ones.

I discuss how I’m spending some time before next year getting my systems organized so I can feel clean and light.

I go on a wide ranging rant about headlines and different themes that could matter for early 2019.

This episode is about the importance of contingency plans. Much of this I learned from studying Bill Walsh. I also get into my year end review process and a little bit about the market turmoil right now.

I talk about how I approached my tennis match tonight with a different mindset and how it relates to a successful trading mindset.

I discuss the current environment in the stock market and the attention the inverse head and shoulders pattern is getting. When this many eyeballs are focusing on something it creates the potential for a lot of fake outs before the real move happens. Planning ahead and running scenarios can be very useful.

I share some experiences of being caught by getting sucked into the crowd. The more work we do the more we get attached and feel we’re right. It’s when a group of more sophisticated investors agree when caution is needed most.

Today I discuss the perils of losing your own voice and taking on opinions and ideas of others that you haven’t analyzed.

I discuss my thinking around the various election outcomes.

Preserving your momentum is something that you can proactively manage. In this recording I talk about how I do that and why I think it’s one of the most important things you can do in your trading.

Nothing predicts future success more than quick losses and being willing to miss moves.