Trader Mindset

Subscribe to the show Context on self-doubt when it begins to pervade your trading when you find yourself in a losing streak. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Managing risk when your names go against you but you don't get stopped on any one particular name. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Equity pairs (long one stock, short another correlated stock) can stake the sting out of market pullbacks. This involves short selling so make sure you know that short selling is appropriate for your level of risk tolerance and financial means. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Your upside and drawdowns go hand in hand. Make sure you investigate both when adopting a new trading style or asset class. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show I believe in knowledge for the sake of it. But you need to figure out the marketing game in order to attract clients and assets. Having a designation isn't going to attract new clients through the front door. This also marks the second time I misspoke this week: I'm pretty sure Alex Lifeson used a Flanger with Chorus on The Spirit of Radio. I believe I said Phase Shifter. (I can get the same sound with a Phaser FYI...) Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show If you're an investment advisor, you need to have an understanding of the narrative as it will come up with your client conversations. If you're creating alpha, focus on your own behavior and eliminate as much of the noise as possible. The price will tell you all that you need to know. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show You can learn and enhance the nuances of your trading rules by looking at the same instrument over multiple time frames. This allows you to refine your rules to better suit your emotions and trading psychology. Fragile is the 4th album by the musical group Yes...I mistakenly said it was one of the first albums. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show You can't delegate your emotional intelligence. What can you replace your feelings of frustration with that won't sabotage your trading or your life? Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Human behavior is predictable: people want to feel good. That means they'll do the wrong thing at the right time. Use that to your advantage in your modeling. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Seek pleasure in setting your protective stops. Love the outcome rather than becoming frustrated - you've just preserved your capital. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show You run two systems. Which one are you feeding? Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show You should take a week off and study market history. The names change, but human behavior does not. "You can observe a lot by watching." - Yogi Berra Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Know your history - it can help you model your risk parameters and help you with your #1 job - play superior defense. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Try something new. Change your daily routine. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show ...or, "How to not work yourself into a frenzy" Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Bob and weave, pivot, and then do some judo. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Don't fall in love with one instrument - you'll end up trying to find trades that aren't there. A robust trading system that you can deploy across an asset class is the better way to go. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Don't fall in love with one instrument - you'll end up trying to find trades that aren't there. A robust trading system that you can deploy across an asset class is the better way to go. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Study your own behavior for best results. Too many outside voices and opinions can make you more confused than you already might be on your own. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show You get what you give. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show You can quiet your mind by eliminating what you put into it. That might mean canceling subscriptions, not having the tv on during the trading day, and staying away from social media. If you can't attribute having the tv on with profitability, why have it on? Investigate all your security blankets for efficacy. You might be surprised how little they help you. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show I see and hear from many traders and advisors struggling to get it right. Most of the time, they need insight on how to understand themselves more than anything else. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show When things aren't working, take a few days off and pivot. You're not going to miss anything. The markets will always be there. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show You become empowered as a trader when you begin (or continue) to assume responsibility for the P&L and everything that happens in the portfolio. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Diversification is risk reduction, not risk management. Now is the best time to start managing your clients' expectations. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Sector rotation is underfoot. Time to look at new names in new sectors. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Don't fall in love with a stock or future contract. You have to remain objective enough to cut ties with either and never look back. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show As I've mentioned earlier, when you set your protective sell stops, you're not only protecting your financial capital, you're protecting your emotional capital as well. Even if you would consider yourself as having an aggressive trading style, your main focus in both strong and weak markets, is to play superior defense. Protect your capital at all costs. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show When momentum stalls, you can deploy a "time stop" to sell before your percentage-based protective stop gets filled. Good trades start making you money right away. If momentum stalls right after you get long, it's a warning sign that you have bad timing. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show With a nod to Langston Hughes' poem "Harlem," there's a large opportunity cost to not taking immediate action towards hitting your goals. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show You can avoid the "should have, could have, would have's" by acting with intentions. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show When you get stopped out, you free up all the noise in your brain. Practice mindfulness during the day by trading in silence and listen to yourself. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Quoting Charlie Munger, it's hard to be a great investor. You can be average and still do very well. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show When you set your protective sell stops, you're not only protecting your financial capital, you're protecting your emotional capital as well. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show If you have a robust system with positive expected values, it's just a matter of time for you to see the results that you seek. However, you have to take every trade. And although that might not feel good at times, it's integral to your overall performance and track record. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Your reluctance to feel frustration in taking small losses today ensures that you will feel despondent going forward. Reluctance makes you do the stupid things that you end up having many regrets around your decisions and large losses. Therefore, you should start to not only invite the frustration into your world, but you should come to love it because of what it means to you. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Putting your optimal size on all at once might be more of an expression of greed than starting smaller and adding to it. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show When you try new things, you don't know what you're doing oftentimes. Let it get messy and pay attention to how much permission you give yourself to find your best version of you. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show If you don't have a trading edge, volatility does not equal opportunity for you. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show A favorable outcome does not necessarily say anything good about the process. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Subscribing to a Reddit feed does not constitute a trading edge. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Financial independence comes from being self-reliant. You cannot count on anyone but yourself. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show The Greater Fool Theory is alive and kicking on every trade, not just the momo stocks. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Protect your capital and play superior defense. That's job #1. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Why trading rules are your pilot and navigator. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show If you fear being conquered, you ensure defeat. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show Traders live in a paradigm of personal responsibility. You have to find the ingredients, come up with the recipes, learn to cook, and then eat your own cooking. End of story. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show FCMs and B/Ds can change/increase your margin rates without notice and without an explanation. They do this to protect the integrity of the market whether participants like it or not. This is normally done to the retail market, not the institutional market. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show You don't even have to buy Calls - you can get clients to give you them. Click here to get your free copy of The Inner Voice of Trading audiobook.

Subscribe to the show I don't think you can intellectualize how you will feel about something you haven't experienced. The emotional and psychological wisdom you gain from experience is invaluable. Click here to get your free copy of The Inner Voice of Trading audiobook.