On our trading desk there was a sudden bang, cuss word, and then chair slam. The chair slam is when a trader pushes his chair back into its place with intentional over-velocity. I find this is an underused outburst of trading frustration. It’s better than the hand bang as that can lead to a hand break. A new trader had … 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
Enhancing Trader Performance by Learning from the Lessons of Failure
*****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 Like many of you I am a technical trader. I look for a particular set of parameters that meet my definition of … Read More
Lessons from my Adventures as a Nanny Trader
I came home last Tuesday to the news that my wife had dismissed our nanny. I was not aware this was about to happen. There was no replacement, save her and me for at least two weeks. Oh. A scheduled short vacation to our family condo in Clearwater Beach consumed some of these two weeks. And then came this … Read More
Enhancing Trader Performance With 2500 Year Old Wisdom
*****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 Sun Tzu, known for his treatise The Art of War, would have made an excellent trader. The principles he taught for successful military … Read More
Enhancing Trader Performance Via Habit Development
*****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 For stock traders a habit is nothing more than taking a well defined trading edge- let’s call it a process- and following that process … Read More
Enhancing Trader Performance by Taking Some Nasty-Tasting Medicine
*****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 Enhancing our trading performance means we must swallow some nasty-tasting medicine from time to time. But I have found the nastier the … Read More