Hi Mike, I just wanted to take the time to say thank you. A friend of mine recommended your book ‘One Good Trade’ (so much so he had ordered it for me insisting I read it) and it has not only helped my trading in so many ways, but has also been very inspirational! If you don’t mind, a little … Read More
Enhancing Trader Performance: Easy Is Not Necessarily Better
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note “My Aunt lived to be 100 smoking 2 packs of cigarettes a day since she was 18; therefore, smoking is not bad … Read More
Enhancing Trader Performance: Why Use Technical Analysis?
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note If you use some form of technical analysis (as I am assuming you do if you are reading this post via SMB) … Read More
Are Great Traders Born or Made?
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note How you answer this question can help determine your eventual success. For instance, if you see your failures as stepping stones to … Read More
Lessons from a Trader Succeeding
In One Good Trade and The PlayBook pieces of the books discuss why and how some traders we trained became successful. Recently during an internal review of our traders, we identified one new trader with an exceptional equity curve (his earnings to losses were outsized). Dr. Steenbarger has suggested to us in the past to study in depth our successful … Read More
5 Lessons from Navy SEALs for Traders
I watched The Lone Survivor last night on my iPad about a Navy SEALs caught in a vicious battle with the Taliban. Five takeaways to apply to our trading: a) Think of surviving for your next breath. When a trade is going against you, instead of considering how to turn it into a winning position, live to make another trade. … Read More
Enhancing Trader Performance Even When It Is Out Of Your Control
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note How much control do you have over the success of your next trade? Before you answer that question what will you base … Read More
Enhancing Trader Performance: Understanding The Perils Of Overconfidence
*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note We have all been there. We develop a new edge, test it with a few trades, make money on these trades, believe … Read More