Posts Tagged ‘ consistent ’

Bring a consistent you to markets to improve your trading

Mar 17th, 2017 | By | Category: General Comments
Trader wants to improve his trading consistency.   (Please assume Trader has some edge in markets.) Trader might double down on their efforts to perform better during market hours.  If I just focus better.  If I just take only A+ trades.  If I just wait for my trades more patiently.  If I just use this indicator.  If I just size up in my best trades.   If I just stop making those trades.  If I just give my trades more room.  And on and on and on....... What if the progress is not in the effort during market hours? We know markets are always changing.  We know that each trade is not quite the same.  This Read more [...]

Ask anything: how can I become more consistent as a trader?

May 17th, 2015 | By | Category: General Comments
I have been actively trading for 5 years. I have followed the market for 25 years.. I have tried trading covered calls, medium and high beta stocks (ex -- AApl, SBUX ,CELG, TSLA. I have tried intraday trading options -no luck. It seems like every I "perceive" an opportunity I jump -- just that I seem to be extremely inconsistent. I have a hard time cutting losses when I'm wrong (and since I usually do this with options -- the losses mount rapidyl). Any suggestions? @MikeBellafiore     Consistency, how to be more consistent, is a common challenge in the trading community.  Let me offer some thoughts on how you can become Read more [...]

10 Ways to Become a More Consistent Trader

Mar 25th, 2015 | By | Category: General Comments
I was sitting across from an ambitious new trader in Troy, NY (yes you read that correctly Troy, NY) enjoying the Brown's Pale Ale discussing ways to be more consistent as a trader. Now most of these conversations are started by traders who were never profitable. But not this one. This one was with a new trader who had mid-six figure success and yet had not quite become consistent. There were a few six figure days of losses. There was new doubt creeping into his trading of whether he would make it after these rips. There was trading capital left that was starting to get thinner an uncomfortable. There was a concern of Read more [...]

How To Be More Consistent in Your Trading

May 19th, 2014 | By | Category: Bruce Bower, Trader Development, Trading Lesson, Trading Psychology
How to Be More Consistent in Your Trading We all have things that we feel quite strongly about, for completely irrational reasons. Me? I can’t stand rollercoasters. While some people get a kick out of the adrenaline rush, I prefer steady and smooth riding. One thing’s for sure—I don’t want the huge swings and volatile ups and downs. With the markets, I am the same. I can’t stand huge swings. I like steady and smooth. Consistency is the name of the game for me. No rollercoaster, no adrenaline. Just disciplined, measured and smooth. Traders of all skill level always ask —“How do I get more consistent?”. Sometimes Read more [...]