Trading for a living: real talk
Trading for a living—this is why many of us come into the market in the first place. It's the fuel that drives a lot of marketing, good and bad, and…
Does anyone really succeed at trading?
There’s an interesting discussion over on my MarketLife forum, in which someone asked the question “does anyone really succeed at trading?” This snippet pretty much summarizes his question: What if…
Trading Lessons from Knife Sharpening
A few nights ago I decided to sharpen my knives. As many of my readers know, I spent some time in a professional kitchen, and there was a time when…
There is no 10,000 hour rule
Have you ever heard someone say they are "working toward their 10,000 hours?" I'm sure everyone reading this has heard of the "10,000 hour rule": the idea, drawn from Malcolm…
Five reasons you lose
In trading and investing, there are good losses and bad losses. This post is about the bad losses, but let’s begin by touching on the good losses. A good loss…
Five steps to mental strength
A reader sent me a question this week on how to develop mental toughness in discretionary trading, noting that his own toughness seemed to be getting less tough as he…
MarketLife Ep 28 – So you want to be a trader? Here’s what you can do next.
This week's podcast picks up where we left off last week, and looks at how to apply the lessons and ideas to your own development as a trader. These two…
MarketLife Ep 8 – The Trader’s Journey (part 1 of 2)
This episode of MarketLife looks at some of the things that stand between beginning traders and success. What can you do to make your chances better? What are the challenges…