Today’s Trading Psychology question of the day… “JJ…I’ve been learning to trade for a few years now, and one of my biggest problems is that I do a lot of prep work before the day begins, to the point where I am too aggressive with my trading and I often lose money. I’m starting to […]
Continue readingToday’s Trading Psychology question of the day… “What’s the most effective way to break bad habits? I’m working for a trading firm and they have strict rules of risk-management. I’ve learned the rules, but I can’t seem to stop making mistakes because of some bad habits that I learned when I was trading on my […]
Continue readingToday’s Trading Psychology question of the day… “I know how to trade, I have a strategy that works, but I swear, it seems like I’m my worst enemy when it comes to following that plan. I find good trades almost every day, but for some reason, I find some lame excuse on why I can’t […]
Continue readingToday’s Trading Psychology question of the day… “What’s the best daily goal for a new trader?” This is a great question, and I’m glad somebody asked this question, because this is something that I did the WRONG way when I first started my trading career, and it’s something that, when done correctly, will have a […]
Continue readingToday’s Trading Psychology question of the day… “Do you have any tricks to avoiding an emotional meltdown? Sometimes I get so angry at losing money, I get angry with myself, and that makes me lose even more money. It feels like I’m having a meltdown and last Friday it cost me my entire week worth […]
Continue readingToday’s Trading Psychology Question is… “What’s the most effective way to break a losing streak? I’ve been consistently-profitable for 9 months now, but I’m going through a period of draw-down and I need something to snap myself out of it, can you cover this topic in your next video?” This is a great question… and if you […]
Continue readingToday’s Trading Psychology Question Is… “How do I keep improving each week? Do you have any tricks to help me become a better trader? What’s the most effective way to keep getting better each day?” Great question, and like all trading psychology, this is a multi-part answer. First, you need to know what you’re already […]
Continue readingToday’s Trading Psychology Question is… “What’s the most effective way to break a trading plateau? I’ve been consistently profitable for a few months now, but I stopped seeing improvement in my trading, and I’m worried if I don’t keep improving because I know I’m stilling missing a lot of moves each day.” This is a […]
Continue readingTrading Psychology question for today… What’s the most effective way to follow your trading plan? Some days are easy, but some days I catch myself gambling, do you have any tricks? This is a great question, and definitely something that every trader struggles with. I could take the next few hours and cover all of […]
Continue reading“What’s the most important factor of being a successful trader?” This might be the hardest possible question to answer, but I’ll give it my best shot. Obviously, you need a strategy that provides a statistical edge over the opposite side of the market… as well as the mindset that enables you to follow the rules […]
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