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

How To Remove Your Emotions From Trading

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

Investors and traders around the world are always wondering “How do I remove the emotions from trading?” We’ve all experienced the downside of emotions –panicking and closing out a trade at the worst possible moment; being too greedy and taking on an excessive amount of risk; or just watching our overall emotional state fluctuate with the markets. The natural reaction … Read More

Becoming a Confident Trader: It’s Not What You Think

John LockeGuest Blog, John Locke, Options Education, SMB Options, Trading Ideas, Trading Lesson, Trading Psychology, Trading TheoryLeave a Comment

As a trading psychology coach, one of the more common questions that come up is “How can I be a more confident trader?” This is an extremely important subject because having the correct confidence level is essential to being a good trader. Lack of confidence creates stress and poor trading decisions which lead to unneeded losses. Let’s take a look … Read More

How To Be More Consistent in Your Trading

bruce.bowerBruce Bower, Trader Development, Trading Lesson, Trading Psychology6 Comments

How to Be More Consistent in Your Trading We all have things that we feel quite strongly about, for completely irrational reasons. Me? I can’t stand rollercoasters. While some people get a kick out of the adrenaline rush, I prefer steady and smooth riding. One thing’s for sure—I don’t want the huge swings and volatile ups and downs. With the … Read More

The Secret Key to Your Trading Success

John LockeGuest Blog, Health and Trading, John Locke, Options Education, SMB Options, Traders Ask, Trading PsychologyLeave a Comment

For those of you who knew me early on in my trading career, you’ll remember that I’ve had some great failures. I’ve made mistakes, had repeated losses and have felt like I was never going to make it at times. Luckily for me I had already secret knowledge required to become a great trader and once I discovered I already … Read More