Trader Mindset Accelerate your trading success by focusing on this one thing
Mar 24, 2025
Explore the emotional challenges traders face when market conditions shift unexpectedly. Discover the power of treating the market like a competitor and the importance of a solid trading process. Learn to prioritize preparation over mere screen time, and how analyzing historical data can enhance decision-making. Master a single trading style to gain insight into market behavior, and develop a proprietary trading process that supports independence. Lastly, focus on inner resilience and emotional strength to thrive amid market turmoil.
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Blue-Collar Roots Shaped His Approach
- Michael Martin recounts blue-collar jobs and early business experience before Wall Street.
- Those jobs taught him client service, prospecting, and handling difficult people, which aided his trading career.
Build A Compatible, Backtested Process
- Focus on building a repeatable process that fits your temperament and timeframe.
- Backtest setups and insist on positive expected value across many instances before trading live.
Preparation Beats Screen Time
- Doing the preparatory work prevents repeated frustration and 'agita' later.
- Time spent off-screen studying data and math compounds into better decision-making.