Merritt discusses how to identify the psychology behind the charts, how to put yourself in a better position for profitable trades.
One thing I consistently see with most traders I mentor is a lack of a holistic premarket preparation routine. Yes, most already check the news, find things they’re interested in trading, and begin to pour over charts for levels and patterns. Pretty standard. All good things ,but… What I teach my mentees is to add checking in with themselves! Sure, we … Read More
In our SMBU Daily Video, learn how to improve your trading psychology. In this video from Bruce Bower, you will learn: Mind set hacks of a champion How to cultivate the attitudes of a great trader How great traders and investors think What kind of mind set and attitudes great traders have We hope this video helps your trading. Get … Read More
When you think of a large cruise ship and the way that it’s run. Who runs the ship, the captain or the crew? If you’re like most people you would say the captain….. and you’d be wrong. As you think about all the things that need to be done on the ship, keeping the engines running, taking care of all … Read More
Lesson 4: Process and Psychology interact In the ongoing series “Seven Lessons I’ve Learned”, we come to Lesson 4. We recognize that we are trying to make the best decisions possible and that we some kind of process and discipline to guide our efforts. On the other hand, we need to get the mental game right to achieve true peak … Read More
Whenever I’m considering working with someone, I always ask a series of questions. One of the questions I ask is “Why are you trading?” I bet it wouldn’t shock you to find out the number one answer is “I want to make more money!” which is the wrong reason by the way but I accept it and continue on. My … Read More