Three weeks ago we discussed a Mental Reset routine for quickly and effectively returning your mind to the present moment. (See here: Improve your Edge with a Mental Reset Ritual) Two weeks ago we continued our discussion, talking about the optimal mental and physical state I’m seeking to achieve in my own trading. (See here:…
The market open demands a flexible mindset Not everyone performs well at the market open. That’s absolutely fine. Some are better standing aside till structure develops and conditions have revealed themselves. And then trading off this opening structure. It’s all good. There is plenty of trading still available. For me though, I like the market…
Let’s begin where we ended last week, with our Mental Reset routine for quickly and effectively shaking off any disappointment and returning ourselves to a state of focus. Step back from my desk. Look at my hands. Wipe and shake my hands as if removing water from them (mentally releasing and letting go of the…
My apologies to those who saw this on YTC Social Media last weekend. The fact is that this is far too important to let slide. And it will reach a FAR GREATER audience through my newsletter and blog. The following is a damn good video on developing an effective trading mindset. Play the video. And…
We’ve all felt that temptation to move the stop. It’s easy to rationalise, at the time. “It just needs a little more room. And just this once. I promise!“ Here’s the reality though: You weren’t really “giving the trade more room”. You were scared of taking the loss and afraid to admit it. You didn’t…
Far too often we just accept the default options provided by our trading platform and other tools. Without any thought as to whether or not they can be improved. Ok, maybe not you, but I’m certainly guilty of this. It’s time to change that. A fortnight ago we discussed a habit I saw creeping into…
In the fallout of the Will Smith & Chris Rock incident this week, our social media world was overwhelmed with memes. Some of which were quite clever and make social media almost borderline bearable. But not this one. This one led to an involuntary “FFS!” response followed by rapid scrolling. Nope! Sorry. It’s not that…
A trade sequence from earlier this week prompted me to revisit the Reassess Point; a concept introduced almost a year ago here – https://yourtradingcoach.com/trader/the-reassess-point/. In that article we explored a change of mindset that helps avoid the frustration associated with premature exits and missed opportunity. This is how most of us are taught the game…
It sounds obvious, doesn’t it. Start the day with a quality trade! Ideally, every trade we make will be a quality trade. But the reality is that there are times when we are not 100% in sync with “good practice” and find ourselves at the mercy of our excitement and desire to trade. It’s our…
It’s trade time. Let’s do it! See here for full details on how to identify and trade this setup. And more importantly… why we take it. And there you were through the whole process, cool, calm and collected. Right? Ok, maybe not? More likely, pre-entry, you were consumed with doubt and hesitation. – “What if…
