A trend-focused trader reflecting on market strategies and personal performance enhancement.
trading
Monday, 30 April 2012
emotions are not always subject to reason
W. Clement Stone often says, “The emotions are not always subject to
reason, but they are always subject to action!” Determine what you are
best at and what you like to do, and develop a burning desire to be the
best you can be at it. Then get into action!
Sunday, 29 April 2012
Saturday, 28 April 2012
"YOU DON'T NEED TO KNOW WHAT IS IT GOING TO HAPPEN NEXT IN ORDER TO MAKE MONEY"
Success in the markets has nothing to do with predicting what the market will do. Instead, it has everything to do with GOING WITH THE FLOW of what the market is doing, ACTING on your edge (assuming you have one), and EXECUTING your trades, (the good, the bad, and the ugly) properly as per your PLAN.
Friday, 27 April 2012
Today I was asked. Why do you like to coach other traders ?
Well, since I began coaching in 2005 the unique feature that I have been enjoying the most is that it forces me to develop a deeper understanding of why I act the way I do. Before I can explain the procedure to anyone else, I have to have a clear understanding of it in my own mind. Working with others forces me to confront my own beliefs about trading, and in the process, makes me a better trader. That is one of the reasons.
Hope this helps!
Hope this helps!
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