5 Pillars of Trading Success

Merritt BlackFutures

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

What is your trading process? Does it work? Why not?

smbcapitalGeneral CommentsLeave a Comment

Is your trading process simply not working? In a recent survey to traders that follow SMB, we found that a vast majority of traders (over 84%) are getting mediocre results or negative results in their trading. Even the most passionate, intelligent, and committed traders are among this group. But it doesn’t have to be that way for you any longer. … Read More

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

Lesson 4: The Interaction Between Process and Psychology

bruce.bowerBruce Bower, General Comments, Trader Development, Trading Lesson, Trading Psychology, Trading TheoryLeave a Comment

In the ongoing series “Seven Lessons I’ve Learned”, we come to Lesson 4. We recognize that we are trying to make the best decisions possible and that we some kind of process and discipline to guide our efforts. On the other hand, we need to get the mental game right to achieve true peak performance, just like with any activity … Read More