Enhancing Trader Performance: Process Vs. Outcome

smbcapitalDavid Blair, Trader Development, Trading LessonLeave a Comment

What is more important?  The OUTCOME of a decision regardless of the PROCESS that generated it?  Or the PROCESS applied to generate the OUTCOME regardless of the results? The answer can reveal the strengths and possible weaknesses of how we manage the information used to define our trading edge and the significance we place on the results of that trading edge.  For … Read More

Enhancing Trader Performance: Overcoming The Fear of Missing Out

David BlairDavid Blair, Trader Development, Trading LessonLeave a Comment

  We’ve all been there.  In fact, it probably happened some time this past week. We scan our stocks list and find several stocks that experienced big moves without us.  We then feel like we’ve missed something.  Ah. The fear of missing out which is really the fear of looking stupid. It is easy to see after the fact.  To make … Read More

ENHANCING TRADER PERFORMANCE: IS PSYCHOLOGY REALLY IMPORTANT?

smbcapitalDavid BlairLeave a Comment

I am often asked what I consider the most important indicator when managing a trade from start to finish. My answer has nothing to do with a chart or any system trading indicator associated with it.  My answer? Psychology.  From personal experience, I consider trading to be 100% psychological. All of our choices, from the type of price chart employed, … Read More

Avoiding Losers (And Winners)

smbcapitalDavid Blair, Trader DevelopmentLeave a Comment

*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note Key Point: We will do anything to avoid a loss even to the point of ignoring that we have one, while claiming … Read More

Top 20 Books to Improve your Thinking as a Trader and Investor

smbcapitalDavid Blair, Trader DevelopmentLeave a Comment

*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note I am often asked to share my favorite stock trading books.  Although I do have a shelf dedicated to the important technical aspect … Read More

Enhancing Trader Performance: Am I Rational?

smbcapitalDavid Blair, Trader DevelopmentLeave a Comment

*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note How do you know if your thinking is rational? What is rational anyway? Who defines it? Why study it? What difference does it … Read More

Enhancing Trader Performance: Instant Gratification Vs Delayed Satisfaction

smbcapitalDavid Blair, Trader DevelopmentLeave a Comment

*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note Let’s face it, we feel better about ourselves when we see positive results from our actions.  We most often want to experience … Read More