All Posts Tagged With: "Mindset"
Performance Enhancement or Core Beliefs? What Every New Trader Should Know.
Since my last post about differences of perspective on developing trader mindset, I’ve spent quite a bit of time this week trying to understand those differences of perspective - the Dr Brett Steenbarger, “enhancing trader performance” school, and the Mark Douglas, “core beliefs for trading success ” school.
While I don’t see any conflict between the [...]
If You Don’t Learn This Skill Early You’ll Always Wish You Had
In the comments of a recent post on theessentialsoftrading.com a conversation began about the relative importance of psychology in trading success. Someone referred to one of Dr Brett Steenbarger’s posts - The 3 Myths of Trading - in which he says that success is a function of talents (inborn abilities) and skills (acquired [...]
18Aug2008 | Mo | 0 comments | Continued
4. The 3 Pillars of Successful Trading
One of the first things you learn when you begin trading, and as you saw in the self-evaluation, is that there are three main areas of focus for the trader: Methodology, Money Management and Mindset.
I’m not sure how obvious this is to you at this point, so excuse me if I’m hammering you over the [...]
