This is the final blog post in a 3 part series from Bruce Bower on Peak Performance. Part 1 was on consistency and Part 2 was on making better decisions. When we did a survey of the top three topics that people wanted covered, I was surprised by the third place winner: “Mindset Hacks: Adopt the Mindset of a Champion”’. On the other … Read More
How to Filter Out Noise and Make Better Decisions
By Bruce Bower We asked the SMB community which topics they wanted to learn more about it in the upcoming “Peak Performance Trading and Investing” video course. Out of a list of ten topics, second place was ”Checklists – How to Filter Out The Noise and Make Better Decisions”. This is an interesting topic because in order to discuss it, … Read More
Consistency Is Not A Game of Perfect
By Bruce Bower We asked and you chose. The people have spoken. We asked the SMB community which topics they wanted to learn more about it in the upcoming “Peak Performance Trading and Investing” video course. Out of a list of ten topics, by far the most popular was “How to Be More Consistent”. This is one of the most … Read More
What Does “Losers Average Losers” Mean?
Many years ago Paul Tudor Jones was photographed in front of a photo that read “Losers Average Losers”. What the heck does that mean and why is it so important? As traders our #1 job is managing risk. If you add to losing positions it may become extremely difficult to manage your risk. For example, If you put on a position … Read More
Should I Get Short Wal-Mart?
In this short clip from the SMB AM Meeting I discuss Wal-Mart’s earnings and a potential fundamental short catalyst. In these scenarios we come up with a thesis and look for price action confirmation. If you think this sort of overview and game planning can be helpful in your trading sign up for a tools trial below. Steven Spencer is … Read More
Tesla Revisited
Last Sunday I posted this long term chart on TSLA suggesting the coming weeks could present significant upside for the stock. My thought process was the gap fill following the earnings report would serve as a potential catalyst for further upside on the stock. The short interest continues to be very high. My “best case” is the 265 area where it had put … Read More
Trading Lesson: Finding The Best Trading Opportunities
Every morning I create a written game plan with 8-10 stocks that I believe will offer the best risk/reward trading setups. The game plan is divided into two categories: Fresh News/In Play Stocks and Second Day/Technical Plays. As I was creating today’s game plan I began to feel a small level of anxiety as I wondered how to hone in on … Read More
Maximizing Profits in Apple Trades
Friday presented an excellent risk/reward long setup in Apple. It had been sold aggressively for three straight days after having reported another record breaking quarter. The magnitude of the sell off was similar in size to what we saw in late February but the speed with which it occurred was far more dramatic. Thursday’s low about $11.50 from the after hours and … Read More