Are you overly negative, or ignorantly positive?

It’s the end of the trading session. You’re a good boy- so you’ve definitely journaled and now you’re ready to begin your post-market review. This is where things get interesting for me as a mentor. Let’s consider two traders: Overly Negative Nick, and Ignorantly Positive Pablo. They both made the exact same trade decisions that session, but let’s see how … Read More

5 Pillars of Trading Success

These five pillars will help your trading consistency, which should be your ultimate goal. Interestingly enough, the 5 pillars of trading success have nothing to do with the actual act of trading or even analyzing markets. They involve the work that goes into developing into a trader, as well as developing as a trader. The trades you end up making … Read More

SMB Futures Private Session

I recently had a wonderful session with a group of developing futures traders and Dr. Brett Steenbarger. (His blog is a must-bookmark at if you’ve been living in a cave and haven’t bookmarked it already!) We like to combine aspects of coaching and mentoring together whenever possible. After some opening comments regarding the current low volatility environment and the … Read More

Does the layout of your charts matter?

Sometimes it’s the simplest of things that can give us just the nudge we need on our path towards consistency. The layout of your charts and order execution windows does have an impact on your ability to perform.

See the Hypos

Today we’re looking at creating premarket if/then statements. There’s a powerful list of benefits associated with adding this to your routine. I hope that is helpful to your own trading. Merritt Black *No relevant positions Important Disclosures   Please follow and like us:

Win Percent is Overrated!

Let’s look at one of my recent trading sessions. It was a low win percent session, but the benefits of reading the tape kept me in the drivers seat the entire session.

Taking your trading to the next level

In a daily trader review or monthly trader review, often I find the words: “to take my trading to the next level.”  Traders wish to take their trading to the next level.   It’s almost like we could start a cult: Next Level Trading. The desire is there for most traders.  The question is the how. Most traders focus on trading … Read More