Willpower is Rarely Enough

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…

The Reassess Point – 2

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…

Managing Your Imperfection

Trading – the Art of Managing your Imperfection within an Environment of Uncertainty! I seriously love this game. And the challenge it presents to us each and every day. Probes, tests, retests and all manner of chop in an ambiguous environment of constantly shifting pace, volatility and direction. And we enter this arena with a…

The Comeback Mindset

Here’s a short comment that raised my interest in a recent email exchange: “I hate the first trade of the day. Always worried I’ll have to start the day with a loss.” It was not the primary focus of the conversation, so didn’t receive much followup discussion beyond sharing a couple of links which I…

Before you Beat Yourself Up over a Session Loss, consider this…

It’s been a week of incredible opportunity and incredible challenge. We discussed the challenge a little on social media, with some good lessons that I thought should be shared through this channel as well. This social media post struck a real chord with viewers, in comparing the opportunity from Monday and Tuesday and discussing how…

The Reassess Point

Some days the markets are just messy. Choppy price action which does it’s best to whip you out of a trade before it moves on without you. The best way I’ve found to manage this (apart from just standing aside) is to accept the chop and work WITH it through focusing and finding a re-entry…