Play Like A Pro

jeff.whiteTrader DevelopmentLeave a Comment

It’s time for Episode 5 of When The Bell Rings. In this episode, I’ll give you some food for thought when it comes to your trading. We’ll talk about some distinct differences among traders regarding their approaches, and it should either give you some added motivation, or a boost in confidence. I hope you get a lot out of this … Read More

What Do You Do When You Hit Your Loss Limit?

jeff.whiteTrading PsychologyLeave a Comment

Over the past 10 days, there have been two occasions where I hit my daily loss limit. Sounds like a tough stretch, but on a net basis it’s actually been positive thanks to some other good days. Mind you, I’m generally a disciplined trader, and in a dozen years of full-time trading I have broken my discipline countless times but … Read More

Comparing Ron Artest & Your Trading

jeff.whiteTrader DevelopmentLeave a Comment

It’s time for Episode 4 of When The Bell Rings. In this edition, we’re talking about something that’s paramount to your success as a trader. It’s a mindset – something that requires intentional planning and not a fly by the seat of your pants mentality. A weekend sporting event prompted this particular lesson, although the topic always applies to trading.  … Read More

Index Video for Nov 7-11

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A sharp pullback to start last week left the indexes testing some important levels and filling some gaps, both of which proved to be technically beneficial for the market. Dip-buyers emerged to stem the losses though, erasing a fair chunk of the deficit from last Monday and Tuesday. More progress will need to be made for the bulls to regain … Read More

Four Traits of the Perfect Trader

jeff.whiteTrader Development1 Comment

Maybe “perfect” isn’t the right word. We can strive for it, but we’ll all fall short of it given enough time. Greatness? That’s attainable. But what does it take to become a great trader? Well, I’m still working toward it myself, and maybe you are too, but we can agree it’s a combination of things. It’s having the ability to … Read More

Chasing Trades Isn’t Paying

jeff.whiteGeneral CommentsLeave a Comment

Current conditions and the overall complexion of the market is always subject to change, but it’s still always worth taking note of. The market seems to be continually morphing into another phase, whether it’s range-bound, trending, highly volatile, or really tame. Right now, we’re in short-term pullback mode after seeing some upside continuation. The past couple of sessions have been … Read More

Index Video for the 1st Week of Nov

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The indexes ran higher last week, bolstered by a European debt deal which had been anticipated for several weeks.  Stocks rallied ahead of the news, and the announcement of the deal prompted additional buying rather than a sell-the-news response.  As a result, new recovery highs were established across the board. As we head into a brand new week of trading, … Read More

How to Think About a Loss

jeff.whiteTrading Psychology3 Comments

We all lose here and there. It’s just part of trading. You can’t avoid it, but that isn’t the issue. Where many traders struggle is how to handle a loss gracefully. Instead if equating a trading loss with personal failure, shift your mentality for what a loss means. Does it mean you’re stupid? Not necessarily. Does it mean you were … Read More