What is working for YOU

When I receive emails from new and developing traders they often dwell on what is not working with their trading.  They recite with precision exactly what they are doing poorly and with thoughtful reasons for this.  Inevitably, they ask for help with these issues. My first response generally is to ask them what they do well.  And we then build … Read More

How you find more trading opportunities in this market

I was on a phone call with a former *star* futures trader who blurted, “this is the worst market I have seen in my life.”  He was referring to the lack of movement in e-mini futures. During a private coaching session with one of our better senior traders, that trader stressed, “patience is the key in this market.” One veteran … Read More

When you are trading too big

When are you trading too big? Recently, while heading outside for a trading break, a developing trader stopped me near the elevator.  He gave me a progress report on a new strategy that he was running.  I love it.  It is unique.  He has backtested the strategy and it has edge.  No one else on the desk is trading it. … Read More

Snapchat- When to add size

Traders often want to trade bigger.  Today SNAP offered an example to me of when and how. I was short Shapchat ($SNAP) intraday and scrolling through the SNAP positions of our other traders on the desk. I felt like I was not big enough in my short. I started to think where I could add to my winning position. First, … Read More

Is it me or the market I am trading?

Hi Bella! How are you? Probably you don’t remember me. My name is Andre and I am a Brazilian futures trader. We talked a few times in the past via email. I have read all of your books and others which you quote, like Brett Steenbarger. I am trading since 2009. I had great results in the past, especially in … Read More

One thought to avoid as a trader

I stumbled upon an important article for traders from this tweet from my friend Sean McLaughlin: I found this passage from the article particularly important to us as traders: The vast majority of arguments on social media could be avoided if both sides simply declared at the outset what their timeframe is. You mean we could have diametrically opposed views and … Read More