Trading Process and Strategy

Patience at the Open

  Until you have a good read of the market, there is NO TRADE. Confidence in your real-time understanding of the market structure. Confidence in your real-time understanding of the nature of price movement. Confidence in your real-time assessment of market bias. Confidence in your projection of that market bias forward in time and price….

Trader

The Mindset of a Champion

This recent social media post is just SO IMPORTANT, I thought we should expand upon it and get the ideas out to the whole YTC audience. This is just a perfect example of a growth mindset, viewing losses as feedback that serve to drive further improvement and growth. There are two things that I love…

Trading Business

Slow, Steady, Incremental Progress

  Excerpt from an email from J.L. Finally, do you have any articles that could be helpful going from sim to live?   Let's write one now… Do NOT rush. The markets will always be there, ready and waiting for when YOU are ready. The journey takes as long as it takes. And the psychological…

Trading Process and Strategy

The Other Trader (6)

  Let's continue with an old article series – the metagame – trading AGAINST other traders who find themselves on the wrong side of the market. Because… If I can't feel someone on the other side of the market getting it really wrong, there is no trade. You can see the prior articles here if…