Trader's Workshop

Some thoughts about luck and the very real impact it has on our trading results....

There are some very important ways in which daytrading and position trading are different. These differences point us to some important elements of trader psychology and key points...

A developing trader asks how to build on his success and how to nail down his edge. The answer touches on psychology, need, and the realities of expected returns...

Thoughts on simplifying types of trades into two categories, and how this can shape the trader's mindset and approach....

Another of those "beginner's episodes" that isn't just for beginners--how to start climbing the mountain of technical analysis...

Developing and evaluating your market sense and intuition...

Those first steps in trading, and the key to getting experience: thoughts for a new trader...

Thinking about what we can trade, how we can trade it, and why...

How and why people believe some crazy things, and how you can guard against errors in your own thinking....

A continuation of the previous episode, looking at standards of proof and why what we believe matters....

Though the title is a bit tongue in cheek, the content is important: how to think about trading problems in the framework of probabilities and statistics. Answering the question: "...

In this episode for beginning and struggling traders, I discuss the mindset and mental framework behind successful trading...