Trader

Do No Harm

  There is a principle within the field of medical ethics which is often expressed through the phrase, "First, Do No Harm". To simplify the concept, it means that we should ensure that our decisions and actions do not contain potential for harm which far outweighs any potential benefit. I like this principle. It's useful…

Trader

Improving Performance by Optimising Your Time Perspective

  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…

Trader

My Daily “Trading Psychology” Routine

  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…

Trader

Do You Need A Better Belief System

  "The words we attach to our experience become our experience." … Anthony Robbins   The following are extracts taken from email Q&A with traders (taken at random from my email archives). I love trading and keep on working hard, striving to become a better trader each day. I am constantly working on my weaknesses…

Trader

Creating the Conditions for Success

Performance psychology plays a VITAL part in my daily trading routines and processes, as I've outlined in the image below. Have you established your own tools, methods and strategies to ensure peak performance? If not, why not? Your trading strategy may contain a tested and proven edge, and yet all too often we see traders…

Trader

Biofeedback for Trader Psychology

(NOTE: This is not an advertisement! It's a report of my first attempts to introduce biofeedback into my trading routine.) Several weeks ago I advised in the YTC newsletter that I'd bought an emWave2 biofeedback device. My plan was that I'd experiment with it over the following 6-8 weeks and report on it's effectiveness as…

Trader

Trading Angry? F**k Yeah!

A common assumption is that a trader needs to be operating with a calm mind and relaxed body in order to trade with maximum focus and ensure peak performance. Generally, I agree with this idea. Relaxation and positive affirmations have been some of the main tools I’ve recommended when asked for assistance with mindset and…