Trading Process and Strategy

Sorry To Be So Blunt!

Question Received via Email: I'm an experienced long time, unsuccessful trader looking for profitability and consistency (aren't we all), anyway you seem to have way TOO much information. Can your method be boiled down to a few simple rules or is it more complicated than that. Sorry to be so blunt. Thanks. Initial Email Response:…

Trading Process and Strategy

Surrender your Fate to the Markets

In my experience, most traders are too focused on individual trade results. Individual trade results do not matter (provided of course they do not violate your trade, session or longer timeframe drawdown limits). You need to expand your focus beyond the individual win or loss. Once you've proven your strategy in a sim environment, the…

Trader

Biofeedback for Trader Psychology

(NOTE: This is not an advertisement! It's a report of my first attempts to introduce biofeedback into my trading routine.) Several weeks ago I advised in the YTC newsletter that I'd bought an emWave2 biofeedback device. My plan was that I'd experiment with it over the following 6-8 weeks and report on it's effectiveness as…