Category: mental game
-
Why are you trading low quality stocks and setups!
Only Trade High Quality Stock Setups The most critical decision a trader makes on a daily basis is selecting a stock to trade. Yeah, I know I have said that stock picking is only 33 percent of trading, while the other 66 percent is risk and trade management. That is…
-
When you have the courage to do what you love, even your friends will call you a fool
It takes courage to pursue personal freedom. That is why most people choose the relative safety of a salary. That salary may chain you to a location, tie up almost all your waking hours and keep you from doing what you love, but hey, at least it allows you to…
-
The part-time trader advantage
You’ve heard me say it before. One of the biggest trading leaks is micromanaging positions by jumping from trade to trade and never letting your trade work for you. Please retweet if you liked this article! Tweet Well part-time traders, I’ve got great news for you. You have a huge advantage…
-
Trading should be fun
Do everything you can to stay happy. This could be a life lesson post, but I am talking specifically about my trading philosophy. Too many traders are in pain. I used to be, constantly. Over time I realized that when you are in pain, you make bad decisions. You chase…
-
100 Trading Quotes To Put Into Action And Change Your Life: Paul Tudor Jones on Limiting Pain
Limit pain for smarter swing trades The trading game is a painful experience for most traders. Base emotions like fear, greed and panic are amplified the second we put on a trade. Please retweet if you liked this article! Tweet This is a major problem because trading is a decision makers…
-
Swing Trading Smart Tips: Set It and Forget It
Tick. Tick. Tick. That stock is driving you bat shit crazy! Your co-workers gawk as you sweat and continually look up at your screen. You can’t hide the fact that you are stressed-the-you-know-what-out. Why are you stressed? It’s because that stock you entered moved 20 cents below your entry and…
-
Trading is a decision making game: Simplify the process!
There is no auto-pilot for the successful trader because trading is the ultimate decision making game. As with most professions that rely heavily on cognitive abilities and mental clarity, we must do everything we can as traders to simplify the process of trading. Overly complex trading systems do not meaningfully…
-
100 Trading Quotes To Put Into Action And Change Your Life: Will Smith On The Past, Present and Future
In a perfect world you as a swing trader would never look in the rear view mirror, would always be in the now and have a crystal ball that pointed you in the right direction. If it were only that easy. In reality, many of us can’t let the past…
-
100 Trading Quotes To Put Into Action And Change Your Life: Michael Jordan on Limits and Trading Scared
I forbid any trader I am working with to set this type of trading goal: “I plan to make xxx dollars per month.” This is a common goal that almost every trader has made at one time or another in their trading careers. So why should you avoid this goal…
-
100 Trading Quotes To Put Into Action And Change Your Life: Bruce Lee On Creating Opportunity
Bruce Lee Statue Hong Kong “This is not a trader’s market!” If you have spent anytime listening to media pundits or traders on social media, you will often find them bashing the market. They complain about choppy markets, trending markets, overbought markets, oversold markets, stop gunning, unpredictability . . .…
-
100 Trading Quotes To Put Into Action And Change Your Life: Caution Is A Risk
The first quote in the “100 trading quotes to put into action and change your life series” speaks to a specific trader type. When thinking about risk, we often think of the trader who is impulsive, trigger happy and position sizes much too aggressively. However, there is another type of…
-
100 Trading Quotes To Put Into Action And Change Your Life: The Series Begins
Everybody loves stock trading quotes. However, for most they are huge time wasters. Why would someone like me, who posts a quote on Twitter almost every day, say something like that? It is because most of us read them, think about the meaning for a few seconds, nod and maybe…
-
How to overcome the fear of entering market pullbacks
Salvador Dali Have no fear of perfection, you will never reach it – Salvador Dali As swing traders we all know that a market pullback is our friend. If we go back and look at any market index chart, we will see that the best time to enter the market…
-
The Power of One Winning Trade and Getting Your Mind Right
I am the worst trader in the world! I know you have said this to yourself before, or at least something close to it. I have. When do I say it? It’s always after a few losing trades. Yeah I know. You all think I’m an emotionless robotic…
-
Winning traders have a secret crystal ball: let me show you how to get yours
A winning swing trader must have that uncanny knack for predicting the future. Yes, the successful ones have a crystal ball that losing traders can not access. In this post I will share how to access it and more importantly, use it effectively. Did I have you going? No, there…
-
The $10,000 question: Why traders are hypocrites about trading goals and blow up their accounts
Most traders blow up their initial trading stake. Destroying that first trading account is a right of passage that every successful trader goes through, but few admit to doing. I don’t mind that it happened to me. I embrace it, I wear it on my sleeve. In fact, when I…
Paul J Singh 