The Trading Journey

In this video, I talk about the trading journey, the realities of the markets, and what realistic success milestones look like for most traders.

The following fundamental market realities and truths are ones that all traders need to accept so that they can appropriately set the proper expectations and goals.

If your goals don’t match up to reality you are doomed to disappointment and failure.

  • You are competing against the best of the best from day 1
  • Trading is a skill and not learned via rote memorization
  • The market rewards randomness
  • Most of us are not wired to accept the realities of the market
  • For most traders, progress is an evolution, not a revolution
  • Trading is something you do, being a trader is someone you become.

A Trader’s Daily Routine and Checklist ✅

As we have explored throughout this month's articles on the theme of "Trading Routines", trading routines and rituals are constructs we can use to cue attention, mobilize motivation, increase confidence, improve focus and situational awareness, and … [Continue reading]

What does your morning trading routine look like?

In my experience, many traders walk into the trading day without the proper preparation and intentions. The result is a trader who is unfocused, distractable, and lacks priorities. Starting the day with an effective daily routine will create the … [Continue reading]

Why Regular Meditation Is Great For Your Trading Mind

This week's article comes from previous 2-time podcast guest (Episode 19 and Episode 27) Mercedes Oestermann van Essen who shares the benefits of meditation for the trading mind. Mercedes Oestermann van Essen coaches traders and investors to … [Continue reading]

Smells Like Routine Spirit ⏰

This week's article comes from our "in-house" risk expert - certified risk manager and frequent contributor, Michael Toma, who shares some perspectives on the power of routines and the benefits of triggers in cueing desired behaviours and … [Continue reading]

Adapting To Markets By Expanding Your Learning Strategies 💡

  One of the most profound changes in the recent markets has been the acceleration in the rate of change. Trends and regime changes that used to play out in weeks or months are now occurring in days or hours. As a discretionary trader, one … [Continue reading]

Position Sizing For Success ⚖️

In last week’s lesson, we introduced 2 extremely important measures that all traders need to track and monitor. Now that we've set that baseline, in this week’s lesson we will build upon the 2 measures we introduced last week and launch into the … [Continue reading]

2 Ratios All Traders Need To Track

This week’s lesson we will be brief however it will cover an essential risk management concept. If you are new to risk management concepts then understanding this lesson will allow you to objectively understand the strengths of your trading … [Continue reading]

A Crazy Little Thing Called Risk 😨

So to kick things off, the first theme we'll be exploring is the topic of  "Risk and Money Management". This week's lesson comes from our "in-house" risk expert - certified risk manager and frequent contributor, Michael Toma who challenges each of … [Continue reading]

Sharing Lessons and Perspectives

  Hi traders, I've taken a bit of a hiatus from the activities here on the blog to concentrate my activities around the Montreal Traders Meetup group, which I founded back in 2014.   The Montreal Traders Meetup group has grown by leaps and … [Continue reading]

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