Properly Setting Your Trading Goals to Lower Stress

John LockeGeneral Comments, John Locke, Trading Lesson, Trading Psychology, Trading Theory1 Comment

As traders we often set some sort of performance “goals”. We might say something like “My goal is to make $5000 per month trading”. There are problems with that goal, the biggest problem being that we don’t actually have control over how much money we make in any given trade. We might have a lot of influence on how much … Read More

Why set goals? Not just in trading but in any part of life?

John LockeGeneral Comments, Guest Blog, SMB Options, Trader Development, Trading Lesson, Trading PsychologyLeave a Comment

“Top scientists estimate that we’re bombarded with over 400 billion bits of information every second. There is no way we could possibly pay attention to this much information. It would literally drive us insane. In fact, we are only capable of consciously processing approximately 2,000 bits of information. That’s only 0.0000005% (5 ten-millionths of 1 percent) of the world around us. This means that we … Read More

Seven Goals for This Trader in 2014

BellaGeneral CommentsLeave a Comment

Here are my personal goals for 2014: 1) Hit my target weight goal. I had a bit of a health scare this year, when an EKG came back abnormal during a routine life insurance exam. Hitting my target weight is now essential according to my cardiologist. I wear a fitbit to calculate my steps each day. My goal is 10k steps a … Read More


BellaGeneral Comments3 Comments

I received this email from Reader David: Good call Bella! Things are really starting to click for me, letting some plays work over the course of 1-3 days has been where I have been making most of my $.  IMAX was a good example last week, i caught 4 points over the course of a week.And this MGM I got … Read More