Be Careful When Your Routine Changes

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Trader Development, Trading Psychology1 Comment

I have a fairly set schedule each trading day.  But on Thursday morning  my routine changes as I have a pre-work obligation that changes my schedule.  I generally arrive at the office one hour later than usual and do not run the AM Meeting.  This change in routine has had some fairly negative consequences on my trading PnL.  90% of … Read More

Be Like Mike !

sspencerSteven Spencer (Steve's) Blogs, Trader DevelopmentLeave a Comment

For those of you who are avid fans of the NBA you have probably heard the stories of how Michael Jordan use to practice as a member of the Bulls.  He was totally cutthroat.  It was not uncommon for fisticuffs to breakout between him and some of the bigger players on the second unit during scrimmages.  He hated to lose … Read More