We’ve all seen them. The clutch performers. The athletes who seem to thrive when the stakes are highest. While others break under the pressure, they make big play after big play to win games. But what’s their secret? And more importantly, how can you use it to become a better trader? Other than the big … Read More …

There’s a lot to learn to become a good trader. A lot of market understanding, strategies, and techniques. But sometimes it’s the things that seem completely unrelated to trading that teach us the most about it. And our task is to find those analogies and to use them to our advantage. Find one different way … Read More …

It’s not meant to be easy to do all of this; in fact it’s meant to be very hard. If it were easy anyone could do it. Almost everyone knows what it takes; few can actually do it consistently. That’s the challenge. When adversity strikes even when you’re doing the right things, it’s not unfortunate … Read More …

It is a constant and exhilarating journey knowing each day I will be put to a test, a subtle, almost intangible challenge of calm and control, focus and consistency, awareness and optimism. Each day I continue to commit myself to learning more about these skills of concentration, attitude, managing pressure, staying motivated, monitoring energy levels, … Read More …

A lot of traders think that they think in probabilities. But just because you think about odds and reward-to-risk doesn’t mean that you actually think in probabilities. One of the best quotes I’ve ever read on the subject comes from poker pro Annie Duke: To be a great poker player you have to have what … Read More …

I’m about to show you why you’re so lucky to be a trader. You may be going through some tough times. Maybe you’re a developing trader who’s still struggling to become profitable. Maybe you’re a beginner who’s overwhelmed by the complexity of it all. Maybe you’re a pro who’s going through a tough drawdown. Regardless, … Read More …

I don’t know any trader who doesn’t struggle at times with their emotions. Likewise, I don’t know any trader who doesn’t wish that they could control their emotions better. Here’s an excerpt from an email I just received from a trader named Jill: I have a problem with hesitation. Even though I have a strategy … Read More …

It’s easy when things are working out. Easy to be positive. Easy to think correctly. Easy to stick to the plan and be disciplined. But sooner or later you’ll face adversity. And that’s when you’re going to have your real test. How you react to adversity is the only thing that really matters. The time … Read More …

Anyone can talk about effective trading mindsets. But what does it really take to change your thinking and achieve trading success? In our last post, I talked about the incredible power of having a mindset of gratitude, and how it can greatly help your trading. A perceptive reader, aptly called Attitude Trader, mentioned that gratitude was … Read More …

More success in trading. We all want it, and we’re often willing to try anything to achieve it. But sometimes the simplest things are what will make the biggest difference. And there is no more simplicity than what can be found in universal truths. So here is one universal truth that can bring you more … Read More …