Careful aggressive traders

BellaGeneral CommentsLeave a Comment

I love aggressive traders.  Firms love aggressive traders. There is trader lore and real-history of firms testing for that fabulously aggressive trader trait (if it exists). Then there is these times.  Markets when the aggressive trader takes his beating from Mother Market for being overly aggressive. The holidays are coming.  It’s not earnings season.  Traders are sitting around, re-clicking ESPN … Read More

Be Careful When Your Routine Changes

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Trader Development, Trading Psychology1 Comment

I have a fairly set schedule each trading day.  But on Thursday morning  my routine changes as I have a pre-work obligation that changes my schedule.  I generally arrive at the office one hour later than usual and do not run the AM Meeting.  This change in routine has had some fairly negative consequences on my trading PnL.  90% of … Read More