Part of my pre-session routine involves a quick review of my Motivation Journal. The Motivation Journal is simply a folder containing various pieces of text or image material which I find sufficiently motivating; the aim being to ensure I face each trading session with focus and commitment and, most importantly, confidence. The YTC Price…
We’ve talked in previous articles about the fact that the best opportunity is found close to the edges of the market structure. Or another way to express the idea… “Confirmation is risk!” https://yourtradingcoach.com/trading-process-and-strategy/real-opportunity-is-found-at-the-edges-of-market-structure/ https://yourtradingcoach.com/trading-process-and-strategy/confirmation-is-risk/ https://yourtradingcoach.com/trading-process-and-strategy/confirmation-is-risk-part-2/ Typically when posting these sort of articles I get a comment or two of the following type: “You can’t…
I don’t recall who said this… and I’m paraphrasing… but I absolutely loved it when I heard it and it’s stuck with me ever since. “Why shouldn’t we try to pick tops and bottoms? That’s where the risk is smallest and the profit potential is greatest.” (If you recognise the actual quote can you please…
(Note: Not for beginners! This takes a bit more skill and experience. File it away for now… or practice on the sim… if you’re not ready for this.) We looked at this idea previously, that confirmation is risk: https://yourtradingcoach.com/trading-process-and-strategy/real-opportunity-is-found-at-the-edges-of-market-structure/ However, it’s been well over a year since that article so I thought it a good…
Here’s a great question I received recently: Q. What do you do during a session to maintain a positive trading psych mindset? What I do during a session cannot be talked about without also discussing the pre and post-session routines. It’s all a part of one whole approach. I’ve shared an image previously which…
