

Trader Mindset
Michael Martin
Michael Martin discusses trader psychology and emotional intelligence.
Episodes
Mentioned books

Feb 3, 2021 • 18min
How you can develop your Intuition
Subscribe to the show You have to write out what you think your instincts are telling you by hand. A short list is better than a long memory, and it helps you be honest with yourself and have integrity with the process. Click here to get your free copy of The Inner Voice of Trading audiobook.

Feb 2, 2021 • 13min
If you get knocked out, you can get back in at higher prices
Subscribe to the show The price is a beacon for you to enter your orders to manage risk. Prices are not absolute, they are relative. If you get stopped out trying to protect your capital, you can always get back in at higher prices. Click here to get your free copy of The Inner Voice of Trading audiobook.

Feb 1, 2021 • 12min
You cannot step in the same river twice
Subscribe to the show Winners rotate - what made you money last week, month, or last year, might not be what carries the day in 2021. Use protective stops to capture as much of your unrealized gains as possible. "You cannot step in the same river twice" is a quote from Heraclitus. Click here to get your free copy of The Inner Voice of Trading audiobook.

Jan 29, 2021 • 9min
Hold yourself to the same standard you hold others - you'll hit your goals faster
Subscribe to the show You will also hit your trading goals faster if you know what you're doing it for. Having personal goals outside of your trading goals will help you get the best of both worlds. Click here to get your free copy of The Inner Voice of Trading audiobook.

Jan 28, 2021 • 15min
You might consider price ranges over price targets
Subscribe to the show If you are having trouble letting go of the emotional need (it's not financial) of letting go of price targets, you might consider thinking in terms of "price ranges" as you segue to not having any price targets and letting the market tell you when the move is over. Click here to get your free copy of The Inner Voice of Trading audiobook.

Jan 27, 2021 • 14min
Valuations never mattered: You are trading the crowd
Subscribe to the show There are no intellectuals solutions to your emotional problems around managing risk. Click here to get your free copy of The Inner Voice of Trading audiobook.

Jan 26, 2021 • 12min
New highs are breadcrumbs - start following them
Subscribe to the show Just because a name moved 35%, for example, doesn't mean you've missed the move. Oftentimes they can continue to move many multiples beyond that - like 10x-type moves. Don't let relative price movements stop you from making smart financial decisions. Hint: they might not feel good when you make them. Click here to get your free copy of The Inner Voice of Trading audiobook.

Jan 25, 2021 • 16min
Focus on managing risk, not being right or winning arguments
Subscribe to the show How do you make money arguing with people on Twitter or Stocktwits? Focus on the things that impact your P&L. Click here to get your free copy of The Inner Voice of Trading audiobook.

Jan 22, 2021 • 12min
Trading success ebbs and flows - go at your own pace
Subscribe to the show You are competing with yourself. There's nothing else that matters. There's no one else that matters. Do what's best for you. Click here to get your free copy of The Inner Voice of Trading audiobook.

Jan 21, 2021 • 6min
How to build your discipline and exercise it like a muscle
Subscribe to the show The goals you set for yourself outside of your trading can add AND detract from your trading success. Be mindful of everything you do. Click here to get your free copy of The Inner Voice of Trading audiobook.


