Happy ThanksGiving weekend.
Here is my reading list for this long weekend.
Gartley Patterns part 1: Video lesson by Nictrade — Gartley Patterns part 1 – Tags: traders development – http://screencast.com/t/fCzMf5eVQ
Gartley Patterns Part 2: Video lesson by Nictrade — Gartley Patterns part 2 – Tags: traders development – http://screencast.com/t/O3P4msLmuo
Chasing success: I talk to numerous people through email every week who are struggling to be successful at trading. And, I find two common traits in most of them: 1.) They trade too much – most of the people struggling make multiple trades daily, some as many as 10+ round trips. 2.) They have a lack of focus. – by Trader-X – Tags: traders development – http://traderx.blogspot.com.au/2006/09/chasing-success_16.html
The Three P’s of Excellent Trade Execution: One of the best ways to gauge a trader’s state of mind is by tracking his or her entry and exit execution. Two traders can have the exact same idea and either make or lose money depending upon how they get into and out of the market. – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2014/11/the-three-ps-of-excellent-trade.html
The Big Trader’s Secret for Small Traders: Let’s be honest, everyone begins trading with the hopes of making a lot of money through their trades, maybe even enough money that they can quit their jobs and trade for a living. – by Erich Senft – Tags: traders development – http://traderkingdom.com/trading-futures-education-topics/trading-futures-basics/2959-the-big-traders-secret-for-small-traders
Learning to Become a Successful Trader: The following was posted as a comment by Ziad in reply to a post on Michael Brenke’s Blog, but I’m posting it here (with Ziad’s permission) because I believe it contains extremely valuable and genuine insights coming from a very disciplined and successful trader. – by Ziad – Tags: traders development – http://www.eminiplayer.com/2009/06/learning-to-become-successful-trader.html
Another quote from Michael Marcus: Michael Marcus mentioned some wisdoms about life of a trader in Market Wizards: Interviews with Top Traders. If trading is your life , it is a torturous kind of excitement. But if you are keeping your life in balance, then it is fun. – by Gav – Tags: traders development – https://tradergav.com/another-quote-from-michael-marcus/
How to Build Discipline and Conscientiousness: The recent post highlighted why conscientiousness is the single personality trait most consistently associated with life success. We commonly hear traders extol their passion for their work. Desire alone, however, is only half the success equation. – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2014/11/how-to-build-discipline-and.html
Ep. 62 Tony Robbins: Money is Just A Game: James lands an interview with arguably the ultimate “Choose Yourselfer “and greatest modern-day motivational speaker, Tony Robbins. Tony talks with James about his soon-to-be-released book MONEY Master the Game: 7 Simple Steps to Financial Freedom. This might be his best book yet. – Tags: traders development – http://podbay.fm/show/794030859/e/1416321787
Turning Your Best Practices Into Best Processes: When I began working at a counseling center years ago, waiting lists for services were the norm–both at that center and across similar centers. In many cases, people had to wait weeks to begin meeting with a counselor. From my perspective, waiting lists were an accident waiting to happen. – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2014/11/turning-your-best-practices-into-best.html
The Night Trader: Bryan Wiener on Trading Sacrifices and Reinventing Himself (Again): It’s 12:07am on a Friday, and I’m sitting at my desk writing this while I attend MIT. Well, kinda. I’m reinventing myself for the 4th time in my trading career. From 7pm-7am Sunday through Thursday (Friday morning really), I am watching the X Algo Project trade and kill it. – by Bryan Wiener – Tags: traders development – http://www.sanglucci.com/the-night-trader-bryan-wiener-on-trading-sacrifices-and-reinventing-himself-again/
Expanding Our Trading by Imposing Constraints: When we create new constraints, we force ourselves to adapt. This, in turn, exercises skills that otherwise might never be tapped. When I supervised interns at a Chicago proprietary trading firm, I found software that replayed the day’s market action at twice normal speed. – by Brett Steenbarger – Tags: traders development – http://traderfeed.blogspot.com.au/2014/11/expanding-our-trading-by-imposing.html
Wire Your Brain For Gratitude In 30 Seconds: At Thanksgiving many of us reflect on what we are grateful for… and what’s for dinner. While a client was discussing gratitude with me, they asked if gratitude and altruism stemmed from social constructs alone or if one’s brain could be hardwired towards feeling more gratitude. – by Christine Comaford – Tags: traders development – http://www.forbes.com/sites/christinecomaford/2014/11/24/wire-your-brain-for-gratitude-in-30-seconds/
26 charts and maps to be thankful for: The press — and humans in general — have a strong negativity bias. Bad economic news gets more coverage than good news. Negative experiences affect people more, and for longer, than positive ones. – by Dylan Matthews – Tags: traders development – http://www.vox.com/2014/11/24/7272929/charts-thankful
Enjoy, and have a good weekend.
Keep Learning, Keep Trading.
Gav