*****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 Whether we believe it or not we tend to choose different options for the same problem depending on the way the problem is … Read More
Enhancing Trader Performance: Letting Go
*****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 I was introduced to trading by a good friend of mine years ago. Although Johnny has since passed on, having lost his hard fought … Read More
Enhancing Trader Performance: The Fear of Regret
*****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 Ah we have all faced it as traders…the fear of regret. It comes in many forms and a few examples will remind … Read More
Enhancing Trader Performance: Dealing With Doubt
*****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 Traders make decisions under conditions of uncertainty. In doing so traders must face head on any number of fears related to those decisions. Whether in … Read More
This Options Trader is Succeeding
I try to offer examples of best practices from succeeding traders and share them with the trading community. It is my hopesuccess.1 developing traders will co-opt some of these best practices and improve their trading. I have another one to share- this one from our options trading desk. One of the options traders on our desk just had his best … Read More
A Focus on Immediately Being in the Money Helped this Trader Improve
I had a conversation with one of the traders on our desk end of month congratulating him on his improved performance and inquiring on the reasons for it. We sat in my office and I congratulated him on improving from consistently negative to flat for the month. Come again Mike? Why is that something for which to congratulate a … Read More
Creating a Road Map Helped this Trader
I noticed one of our new traders had a day of out-performance. I assumed this was his best trading day because of his PnL but it turned out it was his second best. Still he was near the top of the leaderboard with a very substantial intraday PnL for a new trader- heck for all traders. I asked him what he … Read More
Enhancing Trader Performance: Getting Acquainted With Ourselves
*****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 anyone who follows me here or at my blog know I am focused on the mental aspect of the trading game. In … Read More