I sent out the following social media post before the market opened on Thursday. The chart sequence was from the day before (Wednesday). But then Thursday happened. Wow! Volatility is well and truly back. So now Thursday shifts to the forefront of my plans for weekend replay. Both days if time… but otherwise Thursday is…
I want to revisit the trades we discussed in last week’s article – Trading with Multiple Forward Projections. I really like this series of trades. Because there is a lesson in trader performance that I think is worth discussing. Something that I would suggest is a sign of good trading. “Wait? What?” I can hear…
I think it's time we revisited a topic we discussed a few years back. The fact that an individual trade does not provide sufficient data to allow you to make informed changes to your plan. Changes MUST consider the impact across a series of trades. I see this problem repeatedly in email conversation with…
This chart is from Thursday 19th March 2020. A couple of quick trades and then STOPPED. Done for the day. Why stop? Because today was a Hit & Run day! Trading is a performance activity. And it's our job to manage ourselves in an attempt to get as close to peak performance as possible….
We have been blessed with some absolutely amazing markets lately. Incredible daily ranges. Incredible opportunity. And incredible risk, if not played wisely. So while it's tempting to use today's article as an ego-boosting review of a couple of winning trades, that's not really what motivates me with my YTC writing. I'm more concerned about…
The following screen capture was sent out via social media a fortnight ago. I think it's so important that I want this to go out to everyone on the newsletter list as well. Plus an entry into the blog for future readers. It's a quick response to an exceptional question – what are five…
I make it a practice to never recommend any particular market as being suitable for your trading. It's none of my business what you choose to trade. I don't offer financial advise and to do so would be completely irresponsible as I have no insight into your individual needs or circumstances. (For more, see…
I want to share a simple process used by a reader in addressing a recurring problem in his trading. I was happy to see him use this approach, because it references a post-session technique I shared quite a few years back. And perhaps it will be useful to you as well, in ensuring compliance…
I posted the following image on social media on Tuesday, showing a nice example of a false breakout and reversal from a period of volatility contraction. The important point though… and the one which offers the most value to you… is not the image itself but rather the text that was posted alongside the…
Part One is here if you missed it – https://yourtradingcoach.com/trading-business/my-go-to-method-for-solving-trading-problems/ In that article I presented a three question framework which I use to seek solutions to any of my trading problems. Can I avoid the problem? Can I reduce the frequency? Can I reduce the consequences? Or in simpler English: Is there something I can…
