We challenged some of our newest traders to expect more from their results recently. We wanted to push them toreach for a goal just outside of their present ability. This is how you improve at anything. You push yourself beyond your comfort level for a new goal you are not quite good enough to obtain. Every night I asked these … Read More
SMB Morning Rundown – February 28, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
The Back Nine- You First
On the couch, wife out of town, a full container of perfectly ripe cantaloupe, what is a young man to do? I found a killer documentary, not via NFLX, The Back Nine that has left me with a day full of thoughts on trader performance. First should we teach traders to work through their psychological hurdles before we talk set ups? … Read More
Sometimes Nothing’s A Real Cool Hand
For those of you who are movie buffs like me, you’ll know that one of the truly greatest films of all time is Cool Hand Luke, the titlecharacter having been played by Paul Newman in one of his finest roles. If you haven’t seen it, see it. What a great flick. The Paul Newman character is a prisoner on a … Read More
SMB Morning Rundown – February 25, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Exploring Trading Education: Why Aren’t Universities Teaching Trading?
I just returned from Penn State for a talk with some future traders (perhaps). Some serious college traders inside of an investment club reached out for my visit. My charge? Discuss what it’s really like to be a profes-sional trader so that some might better understand what we do. In a recent New York Times article the rise of trading labs … Read More
The Rage to Master
Some thoughts on the process of becoming a trader
SMB Morning Rundown – February 24, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.