Every trader falls into one of two camps: the overtrader category or the afraid-to-trade category. My 30 years of training traders has taught me that, no matter a trader’s successes or struggles, every trader falls within one of these camps. When it comes to differentiating an overtrader from those afraid to trade, the distinguishing factor […]
The ABC Secrets That Prevent Overtrading By, Chuck Whitman Read More »
More than two decades ago, Van introduced me to the concept of “parts” of our personality—roles that compete for our attention and influence over our decision-making. If you’re not familiar with that concept, this is a psychological construct that I’ve found quite helpful for understanding how we make decisions. You may have a safety part,
My Favorite (and Most Used) Entry Edge. You Can Use It, Too. By, D. R. Barton, Jr. Read More »
I’m a neuro-linguistic programming (NLP) modeler and a coach for traders. As an NLP modeler, I encounter a number of people who excel in something, determine what they do in common, and then determine what beliefs, mental strategies, and mental states are required to perform each task. Once I have this information, I can teach
The Components of Trading Well By, Van K. Tharp, Ph.D. Read More »
The gains that you have reaped in the last few years are vulnerable to the market taking them all back. You have been feeling great about your financial progress in the last few years. The memories of your portfolio getting smashed in the COVID Crash and your financial stress has finally been fading away. However,
I was reviewing the “Future of Jobs Report 2020” by the World Economic Forum, which lays out the top 10 cognitive skills needed to survive and thrive in the world, as an individual and as an organization. It was as if I had been hit in the face with a wet fish. You know what
Crafting the Trader’s Mind and Developing the Trader’s Toolkit By, Ken Long Read More »
Thanksgiving week is seasonally one of the strongest of the year. On Monday, the tech-heavy Nasdaq and the broader S&P 500 followed the time-tested tradition of strong Thanksgiving weeks by notching a new intraday all-time high before pulling back later in the session. In today’s tip, let’s take a look at what could be driving
Gratitude, Thanksgiving, and the State of the Markets By, D. R. Barton, Jr. Read More »
In the last few months, I’ve observed one person trade a system that he’d already proven not to work because he thought it might work if he had more trades. I’ve seen another person say that cryptoassets had no intrinsic value and subsequently delete all newsletters related to cryptos. That sounds a bit like Warren
Genius of rhythm, Bill Scheidt, has paired up with Ken Long to present, The Tortoise Album. In this track, we hear about The Walking Man and His Five Ways of Knowing: Head, Heart, Gut, Hands, and Feet, on the chosen path. “It’s an ongoing dynamic cycle of life and an ecosystem that shapes who you
Audio Piece: The Walking Man By, Ken Long and Bill Scheidt Read More »
In our planning process, we seek to develop a list of tradeable targets that are in a critical state. In a previous article, I described a critical state as being postured to make larger than normal moves, in either direction, in shorter than average periods of time. We use our set of indicators to identify
Tactical Trading Tip: The Psychology of Standard Work in Trading By, Dr. Ken Long Read More »
