Thursday, April 22, 2010

Winding Down the TraderFeed Blog

I've been blessed with many colleagues and friends through the TraderFeed blog; it has been a most gratifying experience sharing ideas about psychology and markets over the years. With nearly 3700 posts on topics ranging from short-term trading techniques to behavioral finance and self-help methods for problems affecting traders, the blog has become the largest compendium of trading psychology-related material on the Web.

Unfortunately, or perhaps fortunately, my continued writing of the blog will need to wind down in coming weeks due to a major career change. My future coaching involvement with traders will preclude me from writing: much of what I'll be doing will need to be proprietary. When the i's are dotted and the t's crossed, I'll announce that change in coaching involvement more specifically.

The reason for the career change is pretty simple: If I as a coach am not pushing myself to grow and develop, then my efforts to help others evolve are fraudulent. I cannot offer others more than I can achieve myself. To take myself to the next level as a psychologist, I need to pursue challenges that will bring the best out in me.

Remember this: Your growth always lies on the other side of your discomfort. Whether it's in the weight room or in career decisions, you'll never develop yourself by staying in your comfort zone. People don't become old when they reach a certain birthday; they become old when they decide to live life without crossing that line of discomfort.

So, as the blog wraps up, what topics would you like for me to tackle? I'll happily take suggestions as comments to this post. I may not be able to get to all topics in the days ahead, but I'll make a sincere effort. As always, thanks for your understanding and support.




ClearAir said...

The very best for the future Dr Brett, as a retail trader I cannot thank you enough for the improvement I have been able to make to my trading by using some of the ideas and techniques outlined in your blog.

On a personal note I am going to feel like I have lost a mentor.

Thanks again.

Sean McLaughlin said...

Dr. Brett, Thank you for your tremendously generous contributions to the trading community. Best of luck in your new endeavor. The absence of your daily posts will leave a vast void in the interwebs that will not soon be filled.

Yann said...


revjackson said...

I have been a market maker on and off the floor for the past 10 years and I can't tell you how valuable your work and insights have been. While I am disappointed for myself I wish you success in your future endeavors.

bernard said...

will you leave the blog up so we can access the old posts. that would be extremely helpful.

BirdMan said...

Wow - this is news! I can hear the collective groan from traderland... As a long time reader of your blog I can attest to the the very large contribution you have made to my trading career. Good luck in your new endeavor. And THANK YOU VERY MUCH!

JD said...

Please continue writing, only about daily trading psycology items. Even only tidbits about new observations and then referring to other historic posts.
The market analysis, is not your sweet spot, for there many other analysis,on the web. Though, they are not better, as usual, they are meer speculation.
Every trader has to read the market in their own way.

ramps said...

I have often wondered how you managed to come up again and again with so many different ways to help traders through this blog. There is are hundreds of posts, challenging traders to go beyond their "discomfort zone".

I have found it to be one of the best trading resources available on the web. It is sad there are to be few new postings, but if the archive remains it is a great reason to start going through what you have already provided. More than enough I think.

Many thanks and all the best with the next step.

Declan ( said...

Best of luck Brett,

I will miss your views, opinion and daily comment on the state of the markets


steveplace said...

Wow. Sad to see you leave the blogosphere-- your site was one of the best out there. You've got a great career ahead of you and I wish you well!

tom brakke said...

Sorry to hear.

As I've noted before, even though I'm not a trader per se, I have found that your insights could be applied equally well to my work with investment organizations and how they operate. I'll miss reading your blog.

Good luck and thank you.

jlk said...

Thank you for all the years of educating traders. I found your blog to be extremely useful and I will miss it. Can you continue to post the pivot, market internals and the weekly analysis of the market, but nothing proprietary? Again, thank you and all the best in your new endeavors. Jon

Trailblazer Wannabe said...

Thank you very much for all your contributions. Maybe you could link up a forum of sorts so that we can post questions for you to answer but also others to answer. Maybe the posts can be centered around your previous works.

Toad said...

Congratulatons Doc! We'll miss the blog, but your decision is inspiring. Will you keep it up so we can browse old posts?

Chuckles said...

Wow!!! You'll be sorely missed in the trading blogosphere. Is there a way to download your archived posts so I can refer back to them in the future?
Good luck with your new endeavor.


Miguel Lares said...

I have follow your blog only for 3 months and it has helped me a lot. I want to know what are you going to do now? what is you disconfort zone? I hope you do a great job on your new path.
I am a developing trader in Venezuela. Hopefully we will meet sometime

Terry Prindiville said...

Your Blog contains a wealth of resource for traders.
Will you keep it accessible with its history of postings?

Too Fast Too Furious said...

After you stop writing blogs, will this website remain alive so that we can access your past blogs?

RoachApproach said...

Nothing is build to last forever, but some will last very long in the people's minds and hearts whom they helped to bring out the best in themself.


tj said...

Mahalo for all your efforts Dr.Brett...Aloha..

DT said...

Wow, that "Remember this" comment is going to be on my desktop for a long time. What a great summation of both courage and determination. Thank you

Mark said...

Thank you Dr. Brett for all of your help over the years. Best of Luck in your new career.

BalaB said...

Thank You Dr. Steenbarger.
You've been a tremendous help.

Paul@Quantisan said...

Thank you for the 3700 posts that you've shared with the public over the years! That's a lot of time and effort that one person has devoted for the sole purpose of helping others!

With regard to suggestion, rather than more posts, I personally would like to see a "best of" posts that you yourself find particularly useful across various topics. A good links list would help in sifting through your 3700 posts.

All to best to your future endeavours!

Vic said...

Some trader and aficionado needs to periodically repost your many timeless posts. We'll miss you!

Gro said...

In some way, I was accustomed to read your blog very regularly ; one could say that was my comfort zone. So maybe it's a good thing for the blog to "retire", maybe it will push me further in doing other things by myself :)

I sincerely wish you the best, Dr. Brett. Hopefully your new activities will bring you more fulfillment !

Brian said...

Brett, You have been an incredible resource to so many traders over the years. Thanks for your great contributions to the trading community and best wishes for your career shift.


Jorge said...

Dr. Steenbarger,

Congratulations on your new career move and a million thanks for all your support.

All the best,


Arthur said...

Dr Brett

Your blog posts have provoked me to see the markets from a widely different perspective.

We will really miss your inputs and insights.

I pored, underlined and highlighted all the books which you have written.

May I know whether you would consider writing more books in the coming future and whether you would consider offering your services as a trainer through the internet medium as a long distance course?

I believe there would be a great demand for your training services.

God bless.

The Myth from harvard and sports handicapping picks lover said...

Dr. Brett,
I am rather upset about my favorite blog coming to an end (its like seinfeld coming to an end) but understand the change and reasoning behind the move.

You have provided us with a plethora of information and my morning routine involves morning breakfast(seeking alpha), Abnormal Returns, and of course Traderfeed.

Now my habits must change (perhaps a post on changing habits that work because you have no choice).

None the less I thank you so very much for all you have contributed and maybe a best of traderfeed posts as a final post.

Christian said...

Thank you so much for your effort and good luck with the future! Hope you keep the old blog posts so that we can use it as a library. For me this is the best trading blog! :)

Jonathan said...

I can't thank you enough for all you've done! Best of luck.

If you could create a post on time management and efficiency I would greatly appreciate it. This blog alone would be a full time job for most people. I'd love to hear your thoughts/insights. Thanks again.

Christian said...

Thank you for the excellent work and effort you have put into this blog. This blog is a real treasure! Hope you keep the old posts as a library for us aspiring traders:)

The best of luck for the future



Joslin Lolo said...

Honestly...I will miss your blog posts... the quality, intergrity and sheer work rate is what much of the WWW should aspire to be!! I have read every post for the last 3yrs and have enjoyed them all! Best of luck in your future endeavours! ...if you could write a little more on what other data could be used to compliment "% Stocks Above 20-Day Ma" for swing and longer term time frames that would be great!

Randy Reis said...

You will be missed, sorely missed! Thank you Dr. Brett, for every tidbit of insight you've shared. They have been extremely helpful. Best of luck wherever your path takes you. And if you're ever in NYC and looking for a hoop game, let me know!


Roberto said...

Hi Dr. Brett!

You talk about winding down and wrapping up. Is that the same as quitting completely or just slowing down, like, maybe less is more?

Wish you well and as always, enjoy a wonderful day!

Best regards, Roberto

JB said...

Thank you for running this blog. I agree with a previous poster -- even re-posting old entries that you are reminded of would be really good.

Before you go, I haven't found many good trading blogs -- yours is the only one I read, in fact. Which others would you recommend? (Specifically about trading -- I already read lots of news, economics and politics blogs).

Many thanks.

TradeWave said...

You will be missed for sure !!!
Thank you for helping me grow into a better trader and person !!

Eric W said...

Sad, but congratulations. I too hope that you will leave the blog up, and perhaps leave the occasional general post. One of the most significant benefits I have had from your blog is inspiration, not just in my efforts in the markets, but in my life and in my artistic career.

I would request that you finish your blogging with more work on optimism and inspirational themes, especially with respect to (what I see as) the rampant corruption and fraud in governments and financial institutions across the globe.

Thank you, Dr. Brett, for your generosity, and best wishes.

Mark said...

Best of luck Dr. Brett. You have changed the way I think about my trading and life over the years in many positive ways. You are nothing short of brilliant and you will be missed by all traders. Thanks for all your valuable insights over the years. I hope one day that you will be back.

secret said...

I was surprised that none of the comments mention any specific topics. Then I realized that everything that could have been covered has already been.

As such I think a number of "best of" or some key summarizing posts would help out the community. By organizing the posts by area, it will help us organizing your thoughts and posts into a structure that could be used as a reference on the web.

All the best of luck for your future endeavours.

Mike Desa said...

Just sent an email yesterday to an aspiring trader recommending your blog and books as the best resource for him, as I've done many times in the last few years. He'll have to make do with the books!

Thanks for your extraordinary hard work and generosity, and best of luck with your career change.

SeekMocha said...

Darn, I just discovered your blog maybe 6 months ago. Can't tell you how often I've sent a link to friends who were asking questions that you answered in your blog. And I'm constantly (not) surprised how often I'm directed to a past Traderfeed blog posting when I Google some trading or personal performance question.

The blog archives are a goldmine of valuable information regarding trading - I do hope they will remain online for years to come.

Have fun in your new endeavors!

Curtis said...

Very much appreciate all the help over the good years Dr. Brett! One feedback loop ends and another begins..

The topics I can think of:

What specific sources do you check to ensure that market wide news and events do not go unnoticed and to prepare for the trading day/week?

What are the best news sources for identifying institutional sentiment?

Any color you can add on how you use volume. The thought process you use for deciding when to close a winning trade.

Mark Wolfinger said...


Congratulations to you. I wish you the best.

But sad for us, your readers.

The good news is that there is so much here that we can go back and start rereading all of it.

Can yous set up an auto-post that begins with day 1 and continues the 'repeat' process day after day for another 3700 days? Ten + years ought to be good enough for now.

Best regards

TraderSmarts said...

You are a true class act. I wish you all the best Dr. Brett!

Hemant said...

Thanks Dr. Brett for the great material on this blog. My best wishes for your new responsibility. Brett, I'd like to suggest you plz think of posting less frequently (say, once a week..)instead of 'winding down' the blog.. your blog has 'real' insights on trading psychology (which are so rare elsewhere .. !) so plz keep this blog and archives available for us.
Thanks again.

Brian said...

Dr. Brett, "Nooooooooooooo" sums up my feelings pretty well also. We have never met but you have been a BIG part of my life over the past three years. I will miss you and your mentoring, but I wish you the very best in your next adventure. You say it best... "If you have a hero in life, there, somewhere, is a hero within. Success and fulfillment come from being that hero inside." Gotta try and locate that hero inside now.

d said...

sigh .. sad to see a great blog go. when dotting your i's and crossing your t's .. perhaps, like some have suggested, you could see to it that this blog stays up. good luck with your new project. re: what i'd like to see in the coming days .. i've had a problem getting to the other side of that discomfort zone. be it not honoring my stops, letting winners run .. i have a hard time getting out of the moment and doing what i'm supposed to do. any tips on how to take the plunge? i know very well what i am supposed to do. just .. time and time again .. i don't do it.

nqtraderjay said...

Thanks for the work you put into this. Trading with your help was a great way for me to learn about myself. I learned a lot. I am in debt with no income, so financially less than zero, but psychologically far better, I know what I want to do now, and I am rebuilding.

The idea that hard and harder work not working for trading is so true. I am a hard worker and I can't sit on my hands. I already am seeing progress in everything I do now as I work hard and love it. (and every single thing I am doing is cake compared to trading, even if it is physically painful and extremely complex and mentally challenging, nothing is as messed up as spending all of your time and energy not only not gaining, but losing!)

At some point, when I have funds that I don't need, yes I broke that rule also, I'll know exactly what to do with them, and it won't be daytrading the futures. Your 2nd book about finding the trading vehicle that fits your personality is an important point.

I can't control my behavior in the futures market, but I can with options on stocks that have a 3 to 6 week target. That's the only thing that ever worked for me so at some point I'll return.

Good luck. Are you going to Lollapalooza 2010? Looks like a good time :-)

Stella Gomez said...

It's impossible to imagine another "blogger" who gave away so much valuable wisdom, asking nothing in return. Such generosity is truly rare. Referring to you as a "blogger" is like calling the Dalai Llama a "pretty enlightened fellow".

Please know that your work had an great positive impact on my children's financial security and well-being. What greater compliment can a parent give?

Thank you, Dr. Steenbarger.

Ticker Street said...


I was a silent reader of your blog for several years. I cannot say how fortunate we were to read your blog every morning.

I wish you all the best with your new position. Thank you for your blogs.

I hope you will consider your blogging again, may be on a weekly basis or monthly basis.

Thank you again.

Michelle B said...

Well, it is about friggin' time!

Kudos for practicing what you preach. Your comfort level as a blogger (after pushing triumphantly through personal limits for creative focus and wider interaction within the world of trading culminating in your whore post) was approaching awfully close to the plush cushion stage--very comfy, with most of your ideas implemented, feet up on the coffee table, slurping blissfully a beer.

You are obviously your own best student. That whore post was the clue to me that you would soon wind down TraderFEED. Hey, we are all just stuffed to bursting from all that feeding! We need to get hungry again.

Have a ball and grow like crazy, sweetheart!

I got an internalized Brett in my head, who tells me time to time not to be a dogmatic arse regarding trading and in general, life. I thank you, my husband thanks you, the friend of my husband thanks you, my garden thanks you, my future achievements thank you ...

bzbtrader said...

Dr. Brett,
My very best wishes on your new endeavor. The journey of a thousand miles begins with one step and you've obviously deeply contemplated this one. You've set the bar pretty high for other bloggers while creating a standard of excellence all your own. In a world full of trader hype and hoopla Traderfeed has consistently stood out as a model to emulate.
Your daily touchstone of trader reality will be sorely missed.

Joshua said...

Good luck to you, Dr. Brett. I'll miss your frequent posts. I can't thank you enough for the sheer volume of material you've provided me and others over the years. I've been reading your blog since 2007 and I have to credit you with the vast majority of my education and development as a trader.

Hopefully a stray post here and there will pop up in my feed reader.

Thanks and all the best,


Derek said...

Dr. Brett,

Since the October '08 crash, I've put an intense focus on learning how to trade and have built, tested, paper traded, scrapped, and re-built on the order of 6 or 7 automated trading systems in that time. My latest attempt has been up and running w/ real money for the past two months, and I'm only looking to push further ahead. Your blog has provided a wealth of market wisdom and has been an inspiration for me, especially after those times when I came to the conclusion that a given system ultimately wouldn't be profitable. Many thanks for all you've given to us. I wish you the best on your next endeavor.

Ziad said...

I don't know how it'll feel like to go through a trading day without checking out what the good Doctor has in store for us! Your blog will be dearly missed.

I can't even begin to thank you for all you've taught me... so many things not found in books that I would not have likely found anywhere else. And you did it freely and openly. My heartfelt gratitude goes out to you. You have been the single biggest influence on my trading career, and I can honestly say that this journey would have been much tougher and longer without you and this blog.

So... thank you, thank you, thank you.


Bryan said...

Dear Brett, it's been a ball. You have been a huge inspiration and not only on my trading. Your intelligence, integrity and wit will be sorely missed in the blogesphere.

With regard to future posts - I always find your posts on values and life inspiring.

Very best of luck with your new challenge. Bryan

JD said...

Ok, I suggest you only post a couple times a week, linking new stories to past posts, that are timeless in content.
Not sure if it was the blog or one of your books, which I have all three, about "passion".
Your passion, for sharing is very special, more than anything on the entire internet.
You know and can feel our love. You will need to continue, a little of your passion for sharing.
It is one of your incredible gifts, that helps define Dr. Brett.

nate said...

This blog is second to none in helping us understand ourselves. Thanks so much Dr. Brett!

Eduardo said...

I hope you achieve what is proposed, all your information I have been very useful but these last words I have been twinned with its objective, one should look for meta-motivation and a goal only in oneself. I leave a phrase in Latin: "Omni mea mecum porto."
Eduardo Cormack from Argentina

Jason said...

Dr. Brett,

It's sad to see you go, but I wish you the best luck in your next adventure. As for future topics, I would like to hear you talking about math concepts helpful for analyzing the market. For example, maths behind the Power Measure, weekly sector updates, etc.

Thank you once again.


Gustavo's Trades said...

I just wanted to stop by and wish you the very best in your future endeavours!! THANK YOU for so many wonderful postings, insights, etc.

It will be hard to adjust to my days without your postings. I guess it is part of our growing process too.

take care!

nummy said...

I'm hoping you'll leave all of your old posts up. Would be nice to have as reference.

leon t said...

The conditions of a solitary bird are five: First, that it flies to the highest point. Second, that it does not seek after company, not even its own kind. Third, that it aims its beak to the wind. Fourth, that it has no definite color. Fifth, that it sings very sweetly. (John of the Cross: Sayings of Light and Love.
in carlos castaneda's first book. a classic of the counterculture years. book the word wind appears as "sky" in the introduction. at any rate, you get the meaning.

i struggled for quite a time with your posts. at times abandoning them. finally, reading them daily. like everyone else, i see your departure with mixed feelings.
best of luck and, remember the flock from time to time.

Simon Louie said...

Thank you brett. great blog and it has helped me greatly...i wish you much luck.

leon t said...

The Conditions of a Solitary Bird

The conditions of a solitary bird are five:
The first, that it flies to the highest point;
The second, that it does not suffer for company,
not even of its own kind;
The third, that it aims its beak to the skies;
The fourth, that it does not have a definite color;
The fifth, that it sings very softly.

these are the words of
San Juan de la Cruz in his "Sayings of Light and Love"
and quoted in "Journey to Ixtlan" by Carlos Castaneda

this is what i intended to send. wrong book on the first post. best of luck.

Ketan Asher said...

Thanks a million for sharing so much. Will miss your point of view on Trader Psychology.

Though, if you leave the blog as it is, it will help us to refer your old post and stay inspired.

With Best Wishes,

Ketan Asher

Severino said...

Wow! talk about a Black Thursday.

I swear the other day when I was reading your blog I thought, man, what would it be like not to have you around any more?

I am happy for you but I guess you really don't know how much of an impact you have had on so many, and how much your absence will be felt.

If you really knew you would not be able to leave.

All the best.

Ticha said...

Wish u the best of deserve it for helping so many traders.

Now it's time to review past posts to further capitalize on so much you shared with us.

It would be great to have something like a compendium of your blog, so one can download it and print it at once. Hopefully u have a way to do that without needing to go post by post as that would take lot of work.

Thanks and good luck.


bluecollartrader said...

Thanks for everything you've done. Outstanding, simply outstanding.

madi said...

Dr. Brett,
I can understand your decision and respect it. Good luck in your continued adventure.

I read your every post and link each day. Your insights have helped me tremendously. I hope that you will leave this site up as a reference for us all. I also hope that you will continue writing. You have a keen talent for bringing clearness to any topic.

May the wind be at your back.
Best of luck,

E said...

Dr Brett
All best wishes for your continued growth.

We will miss this forum which has guided a lot of us to take personal responsibility for our actions.

Life is change; grow or stagnate.

Be well.

Radek Dobias said...

Dear Brett, thank you for "making your own kind of music", and helping us do the same.

"Nobody can tell ya;
There's only one song worth singin'.
They may try and sell ya,
'cause it hangs them up
to see someone like you.

But you've gotta make your own kind of music
sing your own special song,
make your own kind of music even if nobody
else sing along.

So if you cannot take my hand,
and if you must be goin',
I will understand.

You're gonna be knowing
the loneliest kind of lonely.
It may be rough goin',
just to do your thing's
the hardest thing to do.

But you've gotta make your own kind of music
sing your own special song,
make your own kind of music even if nobody
else sings along.

So if you cannot take my hand,
and if you must be goin',
I will understand.

You gotta make your own kind of music
sing your own special song,
make your own kind of music even if nobody
else sings along."

T. said...

I will definitely miss you, Dr. Brett. I will keep reading your books as you publish them in the future.

Best wishes on your new journey in life. Your work here was greatly appreciated!


papiunc said...

Thanks for everything Dr Brett you've kept up a very instructive trading blog!

rightcross said...

We'll miss you dearly Doc. Best of luck in your new endeavor.

Michele said...

Best of luck with your new endeavors. Your legion of fans will miss you sorely. You provided us with a unique resource unmatched anywhere on the web.

I for one, want to express my sincere gratitude and appreciation for the many many hours, days and years of your time spent sharing your excellent insights with us. Reading your blog every day has made me a better trader, and a better person.

Steve said...

Terrible news for myself and the other readers.

Good luck Dr. Brett. You have helped me very much.

Jonathan said...

Here's another suggestion - could you put together a post of everything you recommend(blogs, software, broker, ect.)?

Once again, thanks for everything :)

Kishan Bobba said...


When finished reading your blog post I felt that some thing very close to me detached and moving away from me.

You are Kind and your knowledge helped me a lot. Especially the article on Intentionality is the best.

Best wishes for you and for your family

-Kishan Bobba

Dirk said...

Good luck in the career change !

One last request :
A PDF of the 3700 posts.


Sandy said...

Dr Brett,

Best wishes for your new endeavors. I will really miss you.

Please do not wind up your blogs. Please continue to post whatever you can. I would love to hear your comments on market strength, which really gives me idea on market direction.

Once again, thanks for your all contribution.

RL213 said...

Dr. Brett,

I am very sad to hear this news, but the amount of resources you have provided here is more than enough for any trader to begin the journey towards self development. Thank you for all your wisdom and inspiring words. You certainly have changed my life for the better and I cannot thank you enough. After finding your website, I feel that I have started a journey towards a more fulfilling and happy life. I wish you well on your endeavors and hope you return later in the future.


Sherman McCoy said...

Dr Brett. I have only really begun trading and in the months that I have been following your blog I have learned so much and become much more confident in my abilities. I have mainly learned from you the importance of continually striving for greatness. I thank you for what I have learned to date and hope that it is possible to trawl the archives going forward. As a topic - possibly resources for obtaining data for equities.

Thanks so much once again Dr. Brett

adoshi said...

Dr. Brett,

I just found you few months ago and it has been great learining for me even in this short time, you have change me in many ways, can not thank you enough, I only wish that I have known about you long ago, I am going to miss your comments. Thank you and good luck.

Aaron said...

I see over 80- comments so far...just a hint of how much your writing, insights and generosity has helped us all. You have been the inspiration that has taken me from a loosing trader to a confident competent trader. Thank you for all you have done.

jm99 said...

great blog, u will be missed

_ES_ said...

Good Luck!
Thanks for such a great blog!
I will miss it.

mfo said...

Dr. Brett,

Saddened to read of your blogging retirement this morning, but understand that "all good things must come to an end".

As a reader for more than 3 years I can attest that your posts have been both enlightening and surprisingly reassuring for this novice trader--they will be missed. And not only for their trading advice, but for touching on life in general.

I wish you well on your future endeavors. Please keep us posted if possible.



Scott Trader said...

Thank you for the many years of being able to hang out with you, Brett. Witnessing your process, day in and day out, has enhanced my life in so many respects.

I've enjoyed how you post links to older posts on a daily basis. You've got this uncanny ability to plug into the collective, sense what we are struggling with, and point to an archived post that addresses the issue. It's like you've got my brain bugged!

Even if you can't post any new information, if you could keep up with some sort of regime of posting daily links to your older posts, that would be really cool.

I'm really going to miss hanging out with you after having done so everyday for the last 4 years.

Patrick said...

I've only had a few short months to follow you and your blog. In those months you have become a valuable resource.

Not only have I come to respect your opinion and your skills but I have come to realize your charity and compassion for fellow traders.

Your efforts will be sorely missed and I believe that they will never be replaced.

Please accept, from one of your most ardent supporters, my sincere thanks and best wishes on all your future endeavors.


Steve Willette said...

Dr. Brett,
Congratulations on your next adventure in life.
It’s rare finding quality trading help like you have provided all of these years for free.
The fact that you get so many hits per week and your blog does not have one advertisement is a testament of the quality of person you are.
I’m glad I didn’t purchase an Apple iPad yet, because reading your blog posts was one of the main reasons I was going to purchase one.
Thank you for helping me with my trading and being a cyber trading mentor.
Steve Willette
P.S. I hope you can leave the blog site up with your old post; they are a great reference tool!

TradeProfile said...

Dr. Brett, Congratulations !!!! We are happy for you and sad at the same time caz we will miss you but I hope you will keep the posts done so far.

It would be great if you could arrange for a down-loadable zip file which will include all your posts so far.

This would help all of us (mostly new comers) to go through your tremendous work in a orderly manner.

All the best for your future.

Alain said...

Thank you so much!

Hope you'll keep the blog, so we can reread over and over again your invaluable posts , whenever we'll need.
I'm pretty sure I'll need to do so...

All the best to you!


spikeandhb said...

Please leave the blog up. I will still love to read and re-read many of the old posts.
Thanks again for making this one of the best trading blogs on the web!

Anthony Morrell said...

Thankyou Dr Brett for all your posts over the years.This blog plus your books has helped me to grow as a trader and in life.
Best of luck in the future.

M said...

You'll be sadly missed by all of us. I was always astonished at your truly genuine attitude towards helping others. A rare commodity in today's world. You've personally helped me through the psychology of trading. I owe you more than you know. Thanks again for helping improve my life and making the difference that has lead to success.

MarketFeel said...

Congrats and thanks for all the education

Soberba Insônia said...

I´ve read this post by morning but I had no time to answer due to a busy day trading that ended up positively.

I must confess I´ve been visiting many blogs in the internet and there´s no blog like yours.

The inteligence level here is high. You are a very nice soul oriented person, which brings the best of two worlds: inteligence and kindness.

I hope you leave the contents of this precious posts for your pupils, like sort of a gift from a MASTER who had to travel new seas, and MAYBE someday can return bringing fresh knowledge and telling new perspectives how improvements do make us experiment new worlds.

All the best to The Best

Jonathan said...

Thanks so much for sharing so many insights about trading and life. I always wondered at how you could kept this project going.

Whishing you the best of success in your future endeavors.

Chris Perruna said...

Dr. Brett,

It's been a pleasure reading your blog over the years, one of the best resources any trader will ever find on the web.

It was also a pleasure linking back and forth when we were both at our peak in blogging (and my participation in your book was a highlight to my trading/ blogging career).

Best of luck in your new endeavor, I know you will be very successful.

market folly said...

Hey Brett, sad to see you go. But at the same time, eternally grateful for your contributions. You will be missed, and I look forward to reading your remaining posts.

Good luck in your next journey and can't wait to hear about it!


Will said...

Thank you for all your efforts Doc. In an arena where the Goliaths dominate and decimate, you have helped the Davids. You will be sorely missed.

woodza7 said...

Hey Dr Brett, I stumbled across your Blog about 6 months ago, and even so, I am so grateful that I did, and so grateful that you spent the effort putting it all together. You have provided me with numerous gems and it has made a huge difference in my trading, and my life. Thank you.

I hope you are able to allow this Blog to remain in existence so that us newbies can go through your other posts, out of the 3700, that we haven't managed to read yet?

Either way, I wish you well for the future - all the best.

SpecMan said...

Hi Brett,

I'm sure your greatest ripples are hidden from you and still travelling.

What I will miss about your blog is more than trading. This strange occurrence we call life, is just all going through the motions unless there is something deeper. We are all grinding in a void like Sisyphus. All of us are pushing a rock up a hill everyday and we need to know we are pushing it for a reason.

This is why I believe the greatest virtue of your work is that you make people want to be better through trading. I will miss your continuous attempt to provide meaning and purpose in life. Even if or when I disagree with you, I always know if it wasn't for people like you... this world would not be worth living in.

I also enjoy reading about your life...and I'm sure others do too. It's always interesting to see what goes into making someone who they are. Whenever I take the time to learn more about someone, I am sorely reminded how vacuous my preconceived notions are.

Another lesson that gut hunches don't mean much unless they are tutored by experience... and experience is never encountered without an open mind of wonder.

I wish you the best of luck..... ;-)

PS- You do know that you will miss writing for others as much as people will miss reading you?

NDru said...

Ditto all other 99 comments posted so far.

I've been an avid reader of your posts and have benefited from them immensely. I hope your new career paths takes you to new levels and fulfills you in many different ways.

Ebisu said...

I'm glad to be the 100th comment and even more glad that I got to enjoy such an informative blog. I definitely got a lot out of it. Many thanks.

Best Wishes Always, Doctor!!!

wolverine said...

Noooo, say it ain't so, Doc. I feel like someone just punched me in the gut. Your blog (and books too) have helped me's probably the biggest reason I've survived to keep playing the game. I really hope you can leave it up, in its entirety, as a resource for all of us. Thank you so much for sharing a truly stunning of wisdom to help us better understand both ourselves and the markets. Very best of luck to you in this and all your future endeavors.

Dick said...

Dr. Brett, Thank you! You've made a huge difference in my life. I wish you the best in whatever roads you pursue.

dsorense56 said...

Dr. Brett,
Thank you for all that you have shared. Can't tell you how much I will miss reading those early posts at 4 or 5 AM. in the morning. Best of luck from here on out.

clocker said...

Thank you

Richard said...

We will not mourn our loss, but we'll celebrate your new opportunity.

Thank you very much for all you have done for the trading community.

On a personal note, I feel that I am a much better person for having learned so much from your blog. Not to mention the fact that it has helped me be a better trader too.

As for a request for now - I hope you will leave your blog archives up and available to those of us who have read so many of your entries. I refer to them often on your site and have never saved them to my local machine. Entries about trading - and about life. Please let us know about this.

Thanks for all you've done.

jorge said...

Dr. Brett

I cannot thank you enough for your contribution to my developing trading career.
If you are able to leave your posts in the blogosphere you will become a living legend for the trading community.
All the best for you.

Jodie said...

Dr. Brett, thank you so much for all you did.
I've learned so much about both trading and life from your blog. I feel like you were my personal mentor and I feel really sad,as if I lost a big part of my life, but I wish you all the best for your new plans and truly appreciate all you did on the blog.

For the topics,
I would like to ask you to share some thoughts on developing/new traders-in-training who still keep their full-time job.. I'm one of them, and I find it very hard to balance between work(not trading related)and trading studies.(to study all that I feel I need to know within limited time is the toughest for me..) I study/paper trade during the opening hours in the morning and go to work around noon and review the market activities at night.
If you have any advice on people like me, it'll be greatly appreciated.

Also, I use your daily supply/demand # and 20day high/low # for market gauge but I don't know how to get those numbers myself.. Could you briefly talk about those numbers and how to get it? I'm embarrassed to ask you such a basic question but really hope to see a post on this.

Once again, thank you and best of luck in your future!


Big Mike said...

Dr. Brett, we've all learned so much from you and you will be deeply, deeply missed! But I know that your decision is the right one, and you will prosper for it!

Stay in touch! And don't forget to give us more wonderful gifts in the form of a new book every now and then!

Big Mike

Matthew C. said...

You're a shining example for us all, Dr. Brett. You've given so much to so many here over the years.

Best of fortune to you in your new endeavours!

Lr said...

Hey Dr. Brett,

Best of Luck to you.

I have very clear definition in my terms what is a good trader and what is a great trader.

For one, your a great trader, 1 of the greatest trader that I know for you willingness to share and help out other traders.

All the best to you!

Vic said...

I'm going to miss your posts Dr. Brett. I only found your site a year and a half ago and it has changed my whole way of trading and thinking... in real life as well.

I also found immense inspiration from your posts on "coming back from big losses/setbacks" and hope you could do one more on that subject.

Thanks so much for all you have given !


(the other one)

weightoftheevidence said...


JG said...

Thank you, Dr. Steenbarger

TraderGH said...


Luis Paulo said...

All the best. I'll honestly miss your insights on trading and on life.

James said...

Brett, this blog has been invaluable for so many years. Hopefully your next venture is both as valuable to yourself and the clients i'm sure you will be helping.
-James Altucher

marginnayan said...

It looks like you used both the blog service and twitter to gain traction, develop a good following and make yourself known to the WS. So now the time is up for you to say permanent good bye to community service and make some serious dough. Oh Yeah! Got it. I thought you were different than those typical WS guys. Guess what? I was wrong. Anyway, good luck and success with your new venture outside of your so-called comfort zone.


Luis Paulo said...

I will sorely miss your insights on trading and specially on life.

Your posts became much more than everyday reading, I actually looked forward for them.

You are someone who is living the life you were supposed to live and that shows on your writing. It has been very inspiring and I consider myself fortunate to have been following your posts.

Hopefully there wont be any conflict of interests in you writing about life issues and you will be able to continue writing about non trading related issues.

Either way, a very big thank you and all the very best to you.


Michelle B said...

marginnayan said...

It looks like you used both the blog service and twitter to gain traction, develop a good following and make yourself known to the WS. So now the time is up for you to say permanent good bye to community service and make some serious dough. Oh Yeah! Got it. I thought you were different than those typical WS guys. Guess what? I was wrong. Anyway, good luck and success with your new venture outside of your so-called comfort zone.

Yeah, that's the ticket, marginnayan, as soon as little Brett popped out of the womb he was plotting and planning to sucker us all in so he can rake in the cash. Yeah, that's the ticket--when you see genuine goodness, trash it.

As the obvious integrity and genuine generosity of Brett is making me feel more douce than my habitual cranky crabbiness, let me help you out here:

1) What part of conflict of interest do you not understand?
2) What part of Brett leaving the archives open that you do not understand?
3) What part of Brett giving us the tools to do what he has accomplished so we can do it our own way and without him that you do not understand?
4) What part of your inability to accept something that you do not want, like Brett moving onto to a position that if anyone deserves it is him that you do not understand?
5) What part of your obliviousness to Brett's final lesson which is that we need to be positive and let that positivity reach out so we can also attract intelligent and positive people so we can be able to be happy, productive, and able to pay the bills and more do you not understand?

Your brutish and pinched cluelessness makes what Brett has accomplished even more precious to me--he does not let crimped natures like yours get in the way of his reaching out. And nor should we.

You are like the pickpocket who when looking at Jesus Christ, only sees Christ's pockets.

Note: Marginanyan's assumptive fabrication called for my trotting out the favorite line of the comic Jon Lovitz' pathological lying character, Tommy Flanagan (Yeah, that's the ticket).

Trader Down Under said...

Hello Brett,

Thank you so much for your generosity in sharing your ideas with us.

I will miss your blog and good luck with your next endevour.

Michael said...

Dr. Brett:

Thank you so much for all the words of wisdom you have offered up through this blog, your books, and everywhere else you have done it. You've been an inspiration to me! I am choosing to view this transition as an opportunity to deepen the development of my trading. I figure, now I will have more time to re-read everything you've written in the past that I've bookmarked, underlined, emailed to myself, etc. Most good lessens need repetition, eh?

Regards and best wishes in all that you do going forward,
Michael Barrow

Ahmed said...

Dr.Brett, todays I feel both happy and sad... I feel happy cause you deserve this, your the best and you deserve nothing sad cause to me your like the Mohammed Ali of psychology... You should be proud of your it has left a mark on us all...I couldn't help myself, I had to write this it was the least I could do to show my gratitude...your the best...and am surely going to miss you...all the best Doc

davem1979 said...

Dear Dr. Brett,

You've been a part of my life for just over a year. In my journey to figure out the dynamics involved in trading the financial markets, you have given me a much deeper understanding, and as well, brought me closer to myself.

Reading your blog and your books, I can't count how many times I've forwarded, bookmarked or highlighted your words or even said to my wife, "Honey, you have to read this.", or "How is it possible for one person to be so profoundly awesome."

You've given me inspiration when I needed it most, and drive when I've felt like throwing in the towel. You've been the best mentor and example in my life outside of my career. You were always there when I needed some new insight into life or the markets.

I wish you all the very best, as you deserve every ounce of it life has to offer.

We'll be there for you if or when you will be updating the blog or releasing a new book.

A million thanks!

Brett Steenbarger, Ph.D. said...

Dear Readers,

I am honored and humbled by the many generous comments; this truly is one of the greatest rewards of my professional career.

For those interested in the blog, I'm confident that I'll be back at some point, with far more experience and perspective to share. I also anticipate keeping the blog intact as an archive and will help organize that archive a bit.

And if I can continue to link to other people's work via Twitter and add a few life observations of my own, that would be great!

Thanks again for all your support.


steve said...

I'll never forget your opening of a seminar in Vegas two years ago with the story of a trader screaming at his computer "pay me out, you **** whore"! I was pretty much hooked on your writings and speaking engagements after that. As many others have said, I've benefitted greatly from your writings - thank you!

Dr. Ken Celiano said...

Dr. Brett, you have been an invaluable resource in my development as a psychologist-trader coach and I am deeply indebted to you. My work with traders locally in Chicago would not be what it is today without you having carved the path for psychology to enter finance in a pragmatic and accessible manner. You have amazed me by your prolific writings, generosity, integrity and basic humanity, especially in a field fraught by greed, selfishness, and dishonor. I appreciate that your new opportunity precludes you from sharing your insights publicly via the blog, and that will be missed by many. However, you have surely earned your way towards this opportunity via your giving heart and ethical constitution. I wish you continued satisfaction in your work and evolution as a trader performance coach. From a fellow psychologist, know that your legacy will continue to live on through me and the work I am excited to do each day with eager and open-minded traders. Peace & prosperity to you Dr. Brett! Thanks for the memories, I'm glad its all in writing.

Rafael said...


I've been reading your blog for over one year now.

While I have not contributed to the blog community by posting comments and insights, I just wanted to say that I've been here the whole time.

Similarly, I believe there are thousands like me out there who just loved to read your writing, think about your thoughts, and admire your intellect and generosity for sharing everything that you have.

You one of the best. You have been a mentor without knowing and you have helped me in my trading. Your sharings have been priceless.

I wish you the best of luck.



niklas said...

Dear Brett,

this news is truely a sad thing.

Your blog was the only one worth reading after searching the web for years for honest and worthwhile trading information.

Probably your decision also shows that the average guy like me will never make a living from purely trading.

Thank You for all. And I hope to see you back up again.

All the best,

Luis Paulo said...

This is my 2nd post, on the 1st I just thanked you for your insights, in this one I just wanted to say that you have set new standards for true achievement.

Once on a post about your 5 rules for life you said one of yours was: "In life. Do good and do well". "Do good and do well" reached a totally different level for me after seeing the amazing response you had, you raised the bar way higher.

To see how many people's lives you touched so personally without ever meeting them and while doing what you like to do is something not a lot of people can pride themselves of.

To have done that in such a vain, materialistic and cut throat arena like the trading world is truly remarkable.


ES_Addict said...

Dr. Brett,

I would be remiss in not "signing" this "guest book" of comments regarding the suspension of your daily blog.

Change is inevitable and not much in life ever stays the same. Your departure is one of those changes that all of us who have regularly followed and learned from you will learn to deal with.

Thank you for your time, effort, sharing of knowledge and tutoring. The resources you have provided the trading community are immeasurable.

Best of luck on your new path and hope to see you make an occasional "guest entry" on your blog and let us know how you are doing.

Again, best of the best to you and thank you!

callum said...

Brett, your contributions to the community have saved many people a lot of time. The plain honest truth approach is exactly what the trading community needed. You have set a new standard for trading blogs everywhere.

Your achievements are humbling and this decision to move on, out of your comfort zone, only inspires me further.

Thanks and good luck.

Shag007 said...

Dr. Brett, thank you for the amazing contributions you have made and for the honorable way in which you chose to do it. You have been paid ten-fold, I'm sure, for your purity of purpose.

A topic I would love to hear your opinion on from any angle which you choose is logotherapy. I just read Man's Search for Meaning by Viktor Frankl and found it very interesting and it's not found in any of the personal developement material that I have been privy to.

Much of the material I have read fall into a couple of different categories, this one rings fresh to me and is more profound as would be the writing of Stephen Covey.

Best Always,

Fernando aka shag007

Dave Johnson said...


Thanks for having devoted so much time to the blog and through that other traders growth. I think the comments on this post are a testament to just how valuable a resource you have been to the trading community.
All the best wherever life takes you.

TST said...

Dr Brett,

see you in the zone

Jeff said...

Dr. Brett - your efforts toward the enlightenment of all around you, both in terms of trading and quality of life has been nothing short of outstanding. I have learned an enormous amount from your writings, in so very many ways, that has clearly benefited me and many of those around me.

I wish you all the best in your new endeavors and hope you'll find a way to be with us all again someday.

Thanks for your excellent work - thanks for sharing!

JimRI said...

Thank you Dr. Brett for your selfless contributions to the trading universe, and to my own growth both as a trader and personally. Finding your books and blog was the beginning of real trading devleopment for me. I will miss your daily postings and guidance as they have become an essential part of my daily preparations.

P B said...

Thank you Dr Brett, your trading psychology overviews helped a lot i hope you keep these posted articles alive for reference.