Trader Mindset

Subscribe to the show When you go long, you want momentum in your favor, not against you. The worse thing you can do is buy a pullback to support and try to sell at resistance. This is small-minded thinking. Wait for the instrument to clear resistance, then buy. There is no upper boundary to the price and prices are relative. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show When you're not settled with where you are in your trading, you can find yourself doing things that don't serve you. That's because you want to be somewhere else as opposed to being present. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Ace Greenberg would sell any longs that were down coming into Friday's close. Some traders offset trades in 15 minutes if they don't show a profit. Takeaway: good trades make you money right away. If it doesn't act accordingly. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show There are 2 traders. One has 15% returns and trader #2 generated 25%. Who did better? You can't just say that trader #2 has done better in this regard. We don't know what type of risk #2 had to take on to get those returns. We have to focus on the getting risk-adjusted returns. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Sometimes you need a pep talk or to hear the voice of reason. Sometimes it's not easy to see the 30,000 foot view. Sometimes you can't see where the smoke is coming from when you're standing on the fire. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show "There's nothing you can do that can't be done. Nothing you can sing that can't be sung. Nothing you can say, but you can learn how to play the game. It's easy." -John Lennon Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Think of it like a never-ending culturing of a pearl that is your life. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show It takes many years to develop superior trading & investing instincts that you can count on. Too many traders and money managers unknowingly exhaust themselves day after day by deeply engaging with a process that is both inefficient and based on guesswork. A good first step to fix this: stop reading headlines for trading ideas... Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Like a lot of trading, preparation is a process - of elimination. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show It's an ongoing process... Click here to get your free copy of The Inner Voice of Trading audiobook.