I have “weekend blue”, because, weekend to me, is all about driving around, sending kiddo to different enhancement classes. So the term TGIF means nothing to me. Anyway, on the bright side, the driving-waiting period is also a good time for me to clear my reading backlog.

Here are the articles I have collected this week, I thought might be valuable for traders’ development.

Trend Continuation, or Failure? An Analytic Roadmap.: A couple of weeks ago, I posted up a few quick notes in regards to some trend following rules in order to get this blog moving again. Today, I am literally writing a response to a question I received in the comments. Like most questions I get, they are not easily answered in one or two sentences. – Tags: traders development – http://www.nobrainertrades.com/2014/11/trend-continuation-failure.html

GET OVER IT!: Depending on how long you have been trading the markets, you have experienced or will experience all of the following scenarios.  In fact, if you can hold on to your hard earned savings long enough, you will experience them numerous times.  You will not know when these may occur or on which trade. – by David – Tags: traders development – http://www.thecrosshairstrader.com/2014/11/get-over-it/

Quote from Felix Dennis: Quote from an interesting article If you want to be rich, first stop being so frightened If you are unwilling to fail, sometimes publicly, and even catastrophically, you stand little chance of ever getting rich. If you care what the neighbours think, you will never get rich. – by Gav – Tags: traders development – https://tradergav.com/quote-from-felix-dennis/

How to Make Better Decisions BBC Documentary – Tags: traders development – https://www.youtube.com/watch

Challenging Yourself and Changing Yourself: This brings us back to the issue of the dangers of having impotent goals. A potent goal is a visionary one; it raises us to a new level, challenges us, and excites us. Visionary goals are inherently idealistic: not in the sense of pie-in-the-sky, but in the sense of speaking to our ideals. – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2014/11/challenging-yourself-and-changing.html

5 Trend Following Rules That Have Bailed Me Out of Trading Purgatory: In an effort to keep this site moving along I wanted to dig a little more into the trend following category today. There are few explanations I have ever read that leave me truly satisfied in terms of how to trade a trend properly. – Tags: traders development – http://www.nobrainertrades.com/2014/10/5-trend-following-rules-bailed-trading-purgatory.html

Why You Should Be a Risk-Taker: Since you can’t really avoid risk, you might as well take control of the situation. Pick Your Poison
Risk is ever-present. You might think you’re avoiding risk by sticking with safer (that is, less volatile) investments, such as bonds. – by Jason Stipp – Tags: traders development – http://news.morningstar.com/articlenet/article.aspx

The First Hour of Trade : How Important is It?: Please download the following reports to supplement Jim’s presentation: S&P Morning Report for November 19, 2014Download it here S&P Recap and Preparation Report for November 20, 2014Download it here S&P Morning Report for November 20, 2014Download it here – by J Dalton Trading – Tags: traders development – http://www.jdaltontrading.com/the-first-hour-of-trade-how-important-is-it/

7 Deadly Trading Sins, And a Rat: Welcome to the Wednesday edition of FutureSource.com’s FastBreakTM. Today’s author is Ryan Jones, who is considered one of the trading industries “most complete traders”. Starting his trading career at the early age of 16, he had traded nearly every major market and strategy by the age of 21. – Tags: traders development – http://view.exacttarget.com/

The Personality Trait Most Important to Cultivate for Success: If, indeed, success is traversed by staircase and not elevator, what would be the best predictor of success? It might be quite simple: the propensity to take the next step. That propensity is part of what is known in psychology research as conscientiousness. – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2014/11/the-personality-trait-most-important-to.html

Crabs and Deep Crabs part 1 – EliteJets’s library: – Tags: traders development – http://screencast.com/t/wVRxfrxLc

The Market Profile: Trading Value versus Price – by J Dalton Trading – Tags: traders development – http://www.jdaltontrading.com/the-market-profile-trading-value-not-price/

Enjoy, and have a good weekend.

Keep Learning, Keep Trading.

Gav

Hope you guys had a great trading week. I have been out of action this week due to some personal errands. Anyway, here are the articles I thought might be valuable for traders’ development.

Why It’s Important to Go With the Flow State: Thanks to @brussbowman for pointing out this interesting article on how the brain performs better when it slows down. Steven Kotler makes the case that we can optimize our thought processes by more consistently placing ourselves in flow states. – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2014/11/why-its-important-to-go-with-flow-state.html

An inside look into the life of a winning and losing Wall Street trader: Being a trader isn’t your traditional 9-5 job. There are wild swings of emotion throughout the year and even during a single day as bets pay off or end up costing you money. What’s it like living that life? One word: volatile. – by Beecher Tuttle – Tags: traders development – http://news.efinancialcareers.com/us-en/190182/inside-look-life-winning-losing-wall-street-trader-2/

The One Trading Drill That Can Most Improve Your Trading Performance: In response to the post on training as the missing ingredient in the development of traders, an inquiring reader asks: “Can you please offer us from your own experiences as a trader and as a traders coach some ways to practice, some drills or what ever you think is suitable, to help us evolve as t – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2014/11/the-one-trading-drill-that-can-most.html

Glory To The New Bond King: Bill Gross’ spectacular fall from the top of the bond market has put tens of billions in play at a time when minuscule yields demand a fixed-income superstar. A brilliant, battle-scarred billionaire, Jeffrey Gundlach, stands ready to be coronated. – by Matt Schifrin – Tags: traders development – http://www.forbes.com/sites/schifrin/2014/11/05/jeffrey-gundlach-king-me/

Market Earthquakes: The best thing I read this week comes from Bob Maynard, CIO of the $14.2 billion Idaho Public Pension Plan. Maynard’s entire approach is based on the premise that increased complexity is failing professional investors. – by Ben – Tags: traders development – http://awealthofcommonsense.com/market-earthquakes/

Ep. 290: Mark Rzepczynski Interview with Michael Covel on Trend Following Radio: Michael Covel speaks with Mark Rzepczynski. Rzepczynski is a Founder and Chief Investment Officer at AMPHI Capital Management. Prior to co-founding AMPHI Capital Management, he was the CEO of the Fund Group at FourWinds Capital Management, where he oversaw alternative investments. – Tags: traders development – http://podbay.fm/show/151217747/e/1415329200

Five Disciplines for Successful Trading: By Andrew Nyquist     Earlier in the week, I took to twitter to share a few thoughts on important disciplines required for successful trading. As many of you know, every day offers a new challenge that requires strong focus and discipline. – by Andrew Nyquist – Tags: traders development – http://www.seeitmarket.com/five-disciplines-for-successful-trading-13279/

Captain Hindsight ZorTrades: Posted by on November 4th, 2014 – by Frank Zorrilla – Tags: traders development – http://zortrades.com/captain-hindsight/

The Missing Ingredient in the Development of Traders: To become part of elite military units, soldiers need to pass rigorous training programs. There is a great deal we can learn from these programs, as they have a solid record of producing soldiers operating at high performance levels. – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2014/11/the-missing-ingredient-in-development.html

The Seven Lessons I’ve Learned: Over the past several years of writing about trading and investing, psychology and self-development, there are a few things that seem to come up over and over. When I started out, I just wanted to share what I found interesting and what I had learned in my career journey. – by bruce.bower – Tags: traders development – http://www.smbtraining.com/blog/the-seven-lessons-ive-learned

Why We ‘Choke’ Under Pressure, According To Neuroscience: During the 2012 Summer Olympics in London, all eyes were on the U.S. Women’s Gymnastics team, who won the team gold in gymnastics for America for the first time since 1996. But during the individual vault event, all eyes were on one U.S. gymnast in particular: McKayla Maroney. – by Carolyn Gregoire – Tags: traders development – http://www.huffingtonpost.com/2014/11/07/why-we-choke-under-pressu_n_6096916.html

Michael Covel Podcast: 1M+ Listens & 150+ Episodes: Michael Covel is one of the world’s most recognized experts in trend following trading. He is the voice behind Trend Following Radio, as well as the bestselling author of 5 books. You can listen and subscribe to Trend Following Radio with Michael Covel for free with three (3) options: – by Robert Greene – Tags: traders development – http://www.trendfollowing.com/podcasts/

Rage of the Traders: Sometimes the absurdity of what passes for economic wisdom surpasses even my highly adapted expectations. I really, truly expected that even Wall Street would consider PeterPaul Singer’s hyperinflation in the Hamptons rant embarrassing, and try to pretend that it never happened. – by PAUL KRUGMAN – Tags: traders development – http://mobile.nytimes.com/blogs/krugman/2014/11/13/rage-of-the-traders/

10 Things I Learned From Tyler Durden In Fight Club About Trading: Jack is a dissatisfied salesman. His ‘hero’, Tyler Durden is not real, but a mental projection, someone to whom Jack looks for all of his values and ideals. As traders, we all have our own trading gurus and icons. – Tags: traders development – http://www.tradeciety.com/trading-fight-club/

The Right Habits: Your willpower is limited, so when you decide to take on something new—whether it’s an exercise routine or, say, cooking—you’re at least in theory limiting your ability to take on some other habit. – by Charles Duhigg – Tags: traders development – http://lifehacker.com/5896846/the-right-habits

Enjoy, and have a good weekend.

Keep Learning, Keep Trading.

Gav

I am finishing the week a bit early this week, have some review work scheduled. Anyway, it is NFP Friday, so stay safe. Here are some reading materials I have collected over the week, I thought might be valuable for traders’ development.

Never give up by Nick Vujicic: When you feel like giving up something, watch this clip — Never give up by Nick Vujicic – Tags: traders development – https://www.youtube.com/watch

Seven Things I Would Tell the Younger Me: Seven Things I Would Tell the Younger Me – by Jack Sparrow – Tags: traders development – http://www.mercenarytrader.com/2013/12/seven-things-i-would-tell-the-younger-me/

How To Be Right a Lot: “Jeff Bezos stopped by our office yesterday and spent about 90 minutes with us talking product strategy. Before he left, he spent about 45 minutes taking general Q&A from everyone at the office. “He said people who were right a lot of the time were people who often changed their minds. – by Jack Sparrow – Tags: traders development – http://www.mercenarytrader.com/2012/10/how-to-be-right-a-lot/

Anxiety in Trading: Limiting Profitability by Micromanaging Trades: Old post, but a classic , worth reading again. One of the most common trading problems I see is what I call micromanaging trades: managing positions on a time frame that is shorter than the one utilized to conceptualize the trade. – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2009/01/anxiety-in-trading-limiting.html

From Trading Goals to Trading Performance: What Makes Goals Work: One theme I’ve been stressing with traders early in this new year is that having goals isn’t enough to ensure success. It’s what you do with those goals that counts. Too often trading goals are like the resolutions at the start of the year: good intentions that never see concrete follow-through. – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com/2010/01/from-trading-goals-to-trading.html

Getting Better at Getting Better: In the summer of 1976, Kermit Washington was in trouble. He was a power forward in the N.B.A., and had just finished his third season with the L.A. Lakers. – by Malcolm Gladwell, James Surowiecki – Tags: traders development – http://www.newyorker.com/magazine/2014/11/10/better-time

9 Books That Malcolm Gladwell Thinks Everyone Should Read: Having sold more than 4.5 million books, Malcolm Gladwell is one of the most popular authors alive today. – by STEVEN D. LEVITT, STEPHEN J. DUBNER – Tags: traders development – http://www.businessinsider.com.au/malcolm-gladwell-favorite-books-2014-11

How to Become a Peak Performance Trader: Thanks to Bella at SMB for pointing out this excellent article on getting better at getting better across multiple areas of performance. As the author of the article points out, “Today in sports, what you are is what you make yourself into. – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2014/11/how-to-become-peak-performance-trader.html

The Business of Trading: This is an edited version of a special webinar that was held on Sunday, 2nd November, 2014. It was edited to remove references to others.Topics Covered include: – Why this is not your normal job.- Why having ‘perservance’ is not enough.- Why the law of attraction does not work.- Understanding how th – Tags: traders development – https://www.youtube.com/watch

Are Traders Dumber Than The Average Human Being?: When you listen to traders talking they throw around technical terms and sound really smart: VIX, implied volatility, DJIA Fractal match, XLV Call Ratio Spread, Adverse Excursion, intermarket analysis, Asset Swapped Convertible Option Transaction, Risk-Adjusted Return On Capital… – Tags: traders development – http://www.tradeciety.com/traders-lose-money/

: The webinar was on the topic of Tackling Discipline Issues and explored typical trading Mis-Behaviours, what is behind them, why will power alone is not enough for change, as well as what you should consider focusing on if you wishing to master yourself as a trader. – Tags: traders development – https://www.youtube.com/watch

Tony Robbins, The CEO Whisperer: “I own you!” Six thousand people—sales executives, marketing pros, software developers, me—are shouting those same three, potent words at a colleague or complete stranger standing next to them. Faces are contorted. Fingers are being jabbed. – by Brian O’Keefe – Tags: traders development – http://fortune.com/2014/10/30/tony-robbins-best-advice-executive-coach/

Successful People Vs. Unsuccessful People (The habits that differentiate them): We are what we repeatedly do. Excellence, then, is not an act, but a habit. – Aristotle Your daily activities create your future. If you want a positive looking future, you have to plan to apply good habits in your every day life. – by Anthony Dejolde – Tags: traders development – http://www.lifehack.org/articles/communication/successful-people-unsuccessful-people-the-habits-that-differentiate-them.html

12 Trading Lessons From The Volatile Month Of October ZorTrades: The month of October was very volatile month that caught many or at least the people that I talk to by surprise. The SP500 closed the month up 2.3% after being down 7% by October 15, the COMPQ closed up 3.04%, it was down at one point 6.18%, the Russell 2000 went from being down 5. – by Frank Zorrilla – Tags: traders development – http://zortrades.com/12-trading-lessons-from-the-volatile-month-of-october/

12 Weekend Habits of Highly Successful People: I’ve read countless articles about what successful people do on their weekends. Do you want to know the secret? It’s the same thing that they do every other day. As Aristotle said, “We are what we repeatedly do. Excellence, then, is not an act, but a habit.” – by Emma Rushton – Tags: traders development – http://www.lifehack.org/articles/productivity/12-weekend-habits-highly-successful-people.html

How Experts Practice Better Than the Rest: My dad and I were standing in the front yard. Maybe that’s why I remember it. We typically practiced baseball in the backyard, but for some reason we were out front that day. I was around 9 years old and learning how to pitch. My dad was walking me through the basic mechanics. – by James Clear – Tags: traders development – http://jamesclear.com/deliberate-practice-strategy

10 Things From The Bible You Can Apply To Your Work: The Bible is one of the most important books in the world. It doesn’t matter if you’re religious or not; the impact it has had across the world makes it as much a historical document as a spiritual one. It even has some fringe benefits most people don’t know about. – by Matt OKeefe – Tags: traders development – http://www.lifehack.org/articles/work/10-things-from-the-bible-you-can-apply-your-work.html

Thinking out loud…I think.: Well, I’ve been extremely poor in updating my blog. There have been a number of reasons I could use for this, but the truth is procrastination is my middle name! After reading @red5trading blog http://lunchboxtrader.blogspot.co. – by curvededge – Tags: traders development – http://curvededge.wordpress.com/

Three Powerful Predictors of the Success of New Traders: I recently conducted my own mental survey: I identified the young traders I had seen grow into successful money managers with superior track records of risk-adjusted returns. I then asked myself how they achieved their success. – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2014/11/three-powerful-predictors-of-success-of.html

How To Turn Evernote Into The Best Trading Plan Ever: How often have you found yourself flipping through timeframes of the same instruments time and time again without really knowing what you were looking for!? And how many times did you identify a potentially good setup but then forgot about it just to see that it played out exactly as you thought i – Tags: traders development – http://www.tradeciety.com/create-your-trading-plan-template/

Enjoy, and have a good weekend.

Keep Learning, Keep Trading.

Gav