Today, Seth Freudberg will be going over some of his favorite Iron Condor trading concepts that he has developed over the years and he will be sharing them for the first time on the Options Tribe.
Unconventional Training for the Modern Trader: Unlocking Your Full Potential
As traders it is a best practice to learn from the Greats- particularly how they train to improve. Tom Brady unarguably one of the great QB’s to every play football offers us a best practice to incorporate into our training. That best practice is: train unconventionally to achieve unconventional results. Brady was featured in a fascinating New York Times article … Read More
ENHANCING TRADER PERFORMANCE: IS PSYCHOLOGY REALLY IMPORTANT?
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
Why Large Bank Forecasts are Rarely Correct
I made this short video discussing some of the reasons the headline forecasts for large Wall Street banks are rarely correct. The question you should ask yourself is why do they continue to make them? Most investors are attracted to confidence and certainty. Banks can project these two things partly by stating matter of factly the market will be at … Read More
Trader Improvement on Steroids with The PlayBook Checkup
Critical feedback is essential for you to reach your potential as a trader. In my second book, The PlayBook, I offer examples of how we give critical feedback to our professional traders in NYC. The PlayBook Checkup is one such way, as you can see in the video below. The most compelling case for the importance of critical feedback might … Read More
Trading Psychology: The Power of Recording Your Emotions (Video)
I am cranky today as I share in our free daily video. I share a best practice with trade psychology that you can incorporate into your trading in our latest video. Learn to record your mood before each open and find patterns with your trade results that can improve your PnL. I hope that my foul mood today can help … Read More
The PlayBook Released in China (and a lesson for traders)
The PlayBook was just released in China! I want to thank my good friend Naida Liu for the translation and finding a Chinese publisher. Naida also translated One Good Trade into Mandarin and hopefully it will be released as well. For those who do not know, the Chinese markets are considering new trading rules to allow for short-term trading. They … Read More
The Importance of Staying On Point All Day
Trading is a grueling and intense profession. There are stocks, futures, and scanners whirling in front of your face all day. Many traders develop very strong routines to make sure they stay focused and are able to execute their trading plans. In our previous post we discussed the importance of a pre-market routine and how it helped us capitalize on … Read More