What horse betting and position sizing have in common

Announcement – The next Meetup is scheduled for July 14 from 6-9pm. Look forward to seeing you all there! RSVP now. ____________ Weekly Commentary – This week we saw major market indices come down from their recent highs. The Dow and S&P500 indices closed the down roughly ~1% to end the holiday shortened week. Remarkably […]

What’s your trading mindset?

  System, Methodology, and Psychology form the foundations of trading. Yet most traders doggedly pursue finding a “holy grail” trading system and methodology but leave the psychological aspects of their trading thoroughly un-examined. “The life which is unexamined is not worth living.” – Socrates If you struggle with emotions in your trading (such as having a fear based mindset), lose money trading live money […]

9 Steps to Trading Mastery

In my previous post I recounted my experience and some of the trading struggles I faced when I began trading.  My breakthrough came when I finally owned the journey of becoming a masterful trader.  Becoming a successful trader isn’t a destination – it’s a process.  It’s a process of moving from unconscious incompetence to ultimately […]

You’re getting the results you’re supposed to get

Just several years ago I remember looking at my trading account balance and asking myself, “Why is it that I keep losing money?”. I still can remember how incredibly frustrated I felt.  On some days I felt so incredibly close to breaking through yet at the end of each month my account balanced showed that […]

Get 10% Happier – Take the 28 Day Mindfulness for Traders Challenge

[Tweet “I can’t think of one practice that has more improved my outlook on trading more than mindfulness.”] From the likes of hedge fund managers Ray Dalio and Paul Tudor Jones, to artists and professionals like Howard Stern, Tim Ferriss, and Russell Simmons, and countless sports athletes, the number of high performers who are extolling […]

Rise of the robots – Creating your own robot trader

You’ve probably heard about how the algos are taking over.  And how the life as a discretionary trader is over. This post is not one of those articles.   Rather in this post, I’m going to share a clever little psychological hack that has done wonders for my trading. Inspiration goes to Vad Graifer, who […]

Creatine Isn’t Only for Athletes, Bro

Readers of The Trading Edge know that I strongly believe that trading well is akin to peak performance. However sustained peak performance is only available to us when there is a strong congruence between mind, body, and technique. In this guest post, guest contributor Mansal Denton, gives a new spin on one of the most popular and […]

Lessons from What I Learned Losing a Million Dollars

Black Friday Several Friday’s ago I had the type of session that could have ended very badly for me. I started the session with a good trade but then missed an easy opportunity which would have allowed me to meet my trading goals for the day.  I call it missing the “one and done” trade.  […]

Technically Perfect – Pullback Setup Opportunities on Oct. 22, 2014

The Fallacy of Setting Daily Goals

I was once blinded by an argument. One so obviously framed that it had to be true. Unfortunately, what is obvious or self evident is not always true. Call it reductio ad absurdum at its finest. Let me share with you how it goes, tell me if you’ve ever heard this. What if i were […]

×
Sign up for our weekly newsletter
Stay up to date with the podcast, and get notified when the next podcast drops.