Are Large Losses Necessary?

Recently I was having a friendly debate with a fellow trader around the nature of losses.  His belief, and one which i believe is shared by a great many traders, is that experiencing a large trading loss (or even losses) is a necessary part of learning how to trade.  That is for a trader to […]

Trading Exercise: Your Trading Twin

If you’ve been struggling or want to take your trading to the next level it’s sometime best to take a step back and view things from a different perspective. The following visualization exercise is adapted from Sam Bennett’s book, Get It Done, and may help you reframe your current reality and where it is you want […]

Loading the Boat with Trade Risk

This article is submitted by Michael Toma.   Michael is a Certified Risk Manager, author of The Risk of Trading: Mastering the Most Important Element in Financial Speculation, trader, and our “resident risk” contributor.   If there is one topic within the risk management space that I get lots of questions on is that of position sizing. […]

The Phantom Audit

  This week’s article is submitted by Michael Toma.   Michael is a Certified Risk Manager, author, and trader and is our “resident risk” contributor at The Trading Edge (thetradingedge.org).   Since I started trading, I have kept some form of records in a trade journal. The actual data components I track and the structure has changed […]

3/17/2016 Live Trade Recording Post FOMC day +7R Result

Sharing a quick live recording of today’s trades. End result was +7R (reward:risk) on the day. 2 key takeaways from the day – 1st key was being flexible. As you’ll see in the video I had a short bias however I did not allow that opinion to obscure what was objectively going on with price action. 2nd was […]

My Appearance On The Trading Story Podcast @tradingstory

Quick Plug Just a quick plug – I recently appeared on Brandon Clay’s ever popular Trading Story Podcast, which came out earlier this week. It was interesting being on the other end of the interview questions for a change.  🙂 Check out the interview where I share my trading story, some ideas around regulating your emotions, and the mindset […]

Why is it that most traders fail?

Why is it that most traders fail? Could it be that the reason most traders fail, or at least fail to succeed at their desired level of success, is not due to a lack of market knowledge or understanding but rather a lack of self awareness and self regulation? Let me share an example that […]

2/29/2016 Live Trade Recording – 3R Winner on XIV

Happy Leap Day! Just posting a live trade recording from today’s session. As I share in the video, a key posture in trading is to have the following decision making framework – Expectation, Anticipation, and Adaptation Or as Wayne Gretzky says – Skate to where the puck is going.  🙂

February 11 – Live Trade Recording – Watch Me Catch A +9R Trade

I want to share a live video from today’s trading session which I think has some great lessons. Lessons you will get from this video: Momentum precedes price Volume precedes price Always seek trades that can yield asymmetrical risk to reward The importance of using strategic trailing stops to manage the volatility of your PnL Video summary: Took 3 […]

Navigating These Volatile Markets

Today’s article is submitted by Michael Toma.   Michael is a Certified Risk Manager, author, and trader and has graciously joined The Trading Edge (thetradingedge.org) team to be our “resident risk expert”.   If you have any questions on risk management, drop Michael a comment below. The new year brings lots of trader resolutions. Maybe […]

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