I met with three young traders in my office Friday after the Close. I tasked for an email sent to me outlining their goals for the next month after a review of April. I am convinced these three traders will become the next very good traders we have developed. That is of course if they continue to work hard. It is … Read More
Goal Setting: A Conversation with Chicago Sean
Chicago Sean has become a daily must read since he burst onto the StockTwits Blogosphere. An experienced trader through many markets earns my ultimate respect immediately. I want to read what he has to say. Trading is a very difficult job. Many can’t. And many fewer can’t through different markets. Chicago Sean tackled the important topic of goal setting the other … Read More
Expectations: A Conversation with New Traders
After the close I had this discussion with some new traders: Expectations are so important in skill endeavors. What would be a great day for you? Making more is really about finding the plays that make sense to you and trading more of these set ups and with more size. There is no secret formula to this. Each person must find … Read More
Goals for 2011
This weekend we asked our traders to craft a list of goals for 2011. This is an exercise every serious trader (person?) should complete. When you create a picture for where you want to be by the end of the year it helps organize all that needs to be done to get there. Create process and results goals. Here is an … Read More
Setting a Goal for the Day
Recently I received this question from Reader Stephen: I am 53 yo guy been trading for 30+ years. I love your videos and your traders that give intraday information, I have a simple question. What is an example of Goal for the day? I have enclosed an example of my monthly goals which I do daily to keep me focused. … Read More