Category Archives for "Trader’s Mindset"

Dec 01

Value of Market Replay

Trader's Mindset

If you are reading trading books, spending excessive time reading trading forums, not making progress, or losing money in live markets then I would strongly suggest stop with that and instead hit the replay. You can use the replay in the following ways: Use the replay to develop your market cognition without risking real money […]

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Nov 28

Commission Free Stock Trading Implications Part 2

Trader's Mindset

A relevant question to ask is what will be the implications of commission free stock trading? First, I think it makes the futures industry look more and more archaic. The futures brokerage industry feels antiquated with more fees, commissions, etc. And, while the CME has made some favorable changes for the retail trader like the […]

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Nov 22

Three Ways To Edge

Trader's Mindset

I have essentially identified 3 paths to edge among 7 figure traders from information readily available on the web and my own insights into trading edge: 1. Fully systematic and quantitative decision making. No discretionary decision making involved. While, I do not know any 7 figure traders with verified records that are fully systematic, it […]

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Nov 21

The Right Psychology

Trader's Mindset

I feel like my psychology is finally at the right level to really take my trading to the next level. Let me share what I mean… I demonstrated phenomenal winning ability to predict markets– at level that I am not sure that I have seen anyone else demonstrate. Of course, much has never been published. […]

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Nov 18

Roller Coaster Trading

Trader's Mindset

Win or lose– does your trading make you feel like you are on a roller coaster? There is a reason for that. I kinda knew the why in the back of my mind. But, Mark Melnick from T3 Live in his YouTube videos made it abundantly clear to me as to the why. First, let […]

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Nov 17

What It Takes to Make 165k Trading

Trader's Mindset

First, let me start with a preface stating the following is opinion and not meant to suggest or imply any sort of return as likely– in fact, loss is most likely. Day trading for 50% returns with barely an edge is very possible: in fact, I used to think that sort of return was “good […]

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Nov 16

Eastern insight for trading

Trader's Mindset

Western culture has put the self and thought at the paramount of importance. Mystics such as Sadhguru have rightly pointed out that many Eastern practices of meditation place less importance on the content of thoughts– with the intention of seeking to create some space between the processes of self and experience. I am not a […]

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Nov 15

Futures track record?

Trader's Mindset

I recently got an email from a vendor with a futures track record. They claimed to be up $5400 on one contract. And, then I went to the track record and guess what, there was a spreadsheet with just profits or losses shown and no trades! This is not a track record. A real track […]

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