Trader Mindset
Michael Martin
Michael Martin discusses trader psychology and emotional intelligence.
Episodes
Mentioned books
Mar 17, 2021 • 22min
Improve your mindset by going on a diet of the mind
Subscribe to the show You can quiet your mind by eliminating what you put into it. That might mean canceling subscriptions, not having the tv on during the trading day, and staying away from social media. If you can't attribute having the tv on with profitability, why have it on? Investigate all your security blankets for efficacy. You might be surprised how little they help you. Click here to get your free copy of The Inner Voice of Trading audiobook.
Mar 16, 2021 • 16min
You want to learn to read charts, but what are you doing to read yourself?
Subscribe to the show I see and hear from many traders and advisors struggling to get it right. Most of the time, they need insight on how to understand themselves more than anything else. Click here to get your free copy of The Inner Voice of Trading audiobook.
Mar 15, 2021 • 13min
When things aren't working, it's time to pivot
Subscribe to the show When things aren't working, take a few days off and pivot. You're not going to miss anything. The markets will always be there. Click here to get your free copy of The Inner Voice of Trading audiobook.
Mar 12, 2021 • 18min
How to become more empowered
Subscribe to the show You become empowered as a trader when you begin (or continue) to assume responsibility for the P&L and everything that happens in the portfolio. Click here to get your free copy of The Inner Voice of Trading audiobook.
Mar 11, 2021 • 10min
Why investment advisors need risk management too
Subscribe to the show Diversification is risk reduction, not risk management. Now is the best time to start managing your clients' expectations. Click here to get your free copy of The Inner Voice of Trading audiobook.
Mar 10, 2021 • 12min
Rallies in downtrends aren't times to jump back in
Subscribe to the show Sector rotation is underfoot. Time to look at new names in new sectors. Click here to get your free copy of The Inner Voice of Trading audiobook.
Mar 9, 2021 • 17min
Why you need to look for new waves to surf
Subscribe to the show Don't fall in love with a stock or future contract. You have to remain objective enough to cut ties with either and never look back. Click here to get your free copy of The Inner Voice of Trading audiobook.
Mar 8, 2021 • 13min
In both strong and weak markets, your main focus is to play superior defense
Subscribe to the show As I've mentioned earlier, when you set your protective sell stops, you're not only protecting your financial capital, you're protecting your emotional capital as well. Even if you would consider yourself as having an aggressive trading style, your main focus in both strong and weak markets, is to play superior defense. Protect your capital at all costs. Click here to get your free copy of The Inner Voice of Trading audiobook.
Mar 5, 2021 • 13min
When to use Time Stops to protect your capital
Subscribe to the show When momentum stalls, you can deploy a "time stop" to sell before your percentage-based protective stop gets filled. Good trades start making you money right away. If momentum stalls right after you get long, it's a warning sign that you have bad timing. Click here to get your free copy of The Inner Voice of Trading audiobook.
Mar 4, 2021 • 9min
What happens to a deferred goal?
Subscribe to the show With a nod to Langston Hughes' poem "Harlem," there's a large opportunity cost to not taking immediate action towards hitting your goals. Click here to get your free copy of The Inner Voice of Trading audiobook.
