Friday, June 12, 2015

Strategies for Improving Your Trading

What can you do here and now to improve your trading?  Here are a few worthwhile perspectives:

*  From Brett:  Stop prioritizing the work you need to get done and start prioritizing the states of mind and body in which you are most productive.

*  From Jory:  Focus your energy and willpower on your most important goals.

*  From Steve:  Understand and accept the reality of losing trades and managing risk.

*  From Adam:  Understand the phase of the market we're in.

Study yourself and the personal factors that are associated with your best trading.  Study your best trades and how you make money.  Study your worst trades and the factors that hurt your trading.  We're most likely to be consistently profitable if we're consistently mindful of our strengths and vulnerabilities.

Further Reading:  Three Positive Performance Principles