Don’t Lose the Trade Before You Enter It

John LockeGuest Blog, Health and Trading, John Locke, Options Education, SMB Options, Trader Development, Traders Ask, Trading Ideas, Trading Lesson, Trading Psychology, Trading TheoryLeave a Comment

Trading is similar to playing sports at an elite level, they‘re both mentally demanding. In fact it is quite common in sports for a highly gifted athlete with a compromised mindset to lose miserably against a much less talented competitor utilizing the proper mindset. Trading is the same way. You can know everything about charting, indicators and options. You can … Read More

Lesson 2: Trading Is Peak Performance

bruce.bowerBruce Bower, General Comments, Trader Development, Trading Lesson, Trading Psychology2 Comments

Continuing the series Seven Lessons I’ve Learned, I wanted to talk about the right lens or framework for understanding trading. Is it “combat”, is it a “sport”, or is it “a treasure hunt”? All of these are valid metaphors for describing some aspect, but I don’t feel that it captures the essence of the activity. Instead, peak performance is the … Read More

Lesson 1: Trading is Decision Making

bruce.bowerBruce Bower, General Comments, Trader Development, Trading Lesson, Trading Psychology1 Comment

Lesson #1 : Good trading is about good decision-making Last week, I wrote up seven lessons that I’ve learned about investing and trading over the past few years. That was an overview of some of the more interesting and surprising things that I’d come across in my journey in the markets. As a continuation of this series, I’m going to … Read More